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SPDR Gold Trust
Long

GLD cup and handle bullish breakout

96
Gld currently in a consolidation phase. Forming a cup and now handle, a breakout gives a price target of 260$ with a stop at the bottom of the handle at 245$ this gives a 3:1 risk reward trade set up. And a new ATH for GLD
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Chart PatternsTrend Analysis

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Chart PatternsTrend Analysis
TradeitUntilyouMakeit

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.