GLD long setup around $214-15
I dowse stocks and did a reading on GLD, so want to journal it here. The levels are often good, but sometimes the order they hit is confused.
What I believe I'm getting is that GLD drops to the $214-15 area, which, coincidentally includes a gap area. I did ask how high this goes and I got 318ish but not till next year. I also have a date of the 5th to watch for something. Dates are often reversals, or can be days with large moves. It may be that it reaches the target around $225-26 around then, as that's what I was asking for. I just don't always get the exact answers for what I'm asking, but the date could still end up valid.
What I believe I'm getting is that GLD drops to the $214-15 area, which, coincidentally includes a gap area. I did ask how high this goes and I got 318ish but not till next year. I also have a date of the 5th to watch for something. Dates are often reversals, or can be days with large moves. It may be that it reaches the target around $225-26 around then, as that's what I was asking for. I just don't always get the exact answers for what I'm asking, but the date could still end up valid.
Note
Ok so I had this one backwards or something. I thought it would be down first, but that was just a baby down to get long. I don't know if it reaches the upper target, but was close enough. Maybe it spikes on Fed, but after the reading I just did, I wanna be short for sure.
It will reverse down today in a volatile fashion. I get 5.1 as a number and I'm not sure if that's 5.10 points (most likely), but could also be 5.1%, which from current levels is all the way back down to $112.
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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.