LONG GLD
Gold Has retraced to a trendline support. This will be the third push for GLD. The middle of the trend is the easiest, and two symmetrical pushes have been confirmed. I have narrowed my entry to the high volume profile. I have set my sell stop at the high volume of the last tested support level. Profit target is measured move from symmetrical two swings, based off of line chart measurements. Divergence with CSI(20) and price action.
Note
Divergence with CSI(20) and price action.Note
Watching former resistance on RSI for test of target price.
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.
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.