GLD to rise
Looks like GLD headed to 170 range.
RSI heated over 70.
Looking for bounce perhaps but still bullish.
Might take partial entry now an look for reentry at short pullback.
Expecting this week to end higher.
RSI heated over 70.
Looking for bounce perhaps but still bullish.
Might take partial entry now an look for reentry at short pullback.
Expecting this week to end higher.
Trade closed: target reached
Closed Trade @ $164Taking Short to $140 - 130 price range
Reasons:
RSI convergence over
MACD signal cross
Note
This trade went excellent!Now lets take her back down on the potential reversal!
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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.