SPDR Gold TrustLong
$GLD Double Bottom, Bullish Inverted H&S AND Bull flagging?!
Updated
Am I blind? Are you? Holy moly. This looks textbook under the reversal patterns I have documented. To be HONEST, it doesn't look 100% but it's showing signs. In my previous GLD posts I said $242.73 needs to hold and it has. I think GLD is creating a new floor of support for the next 3-6 months. I'm going to be entering 2250C for months out in 2025. + EOY rally. $250 target gets GLD to a 30% YTD. SPY in the same boat, 30% YTD - I posted a chart on it as well, check that out. Leave a comment to let me know your thoughts. I looked through many time frames and this one looks the best. I can't say I'm a fan of the big Elmo candles but I see a flag forming. Leave a follow and a comment.
wALL sTreeT L0S3R
GLD posts I said $242.73 needs to hold and it has. I think GLD is creating a new floor of support for the next 3-6 months. I'm going to be entering 2250C for months out in 2025. + EOY rally. $250 target gets GLD to a 30% YTD. SPY in the same boat, 30% YTD - I posted a chart on it as well, check that out. Leave a comment to let me know your thoughts. I looked through many time frames and this one looks the best. I can't say I'm a fan of the big Elmo candles but I see a flag forming. Leave a follow and a comment. wALL sTreeT L0S3R
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