GLD has been on a tear lately, but I believe the rally will come to an end next week. This will be good for BTC and Alts. First looking at the RSI on GLD we can see it is now overbought on a monthly and this somehow coincides with the April 2 deadline on Tariffs. IMO I think this is a trap and GLD will begin to fall after it reaches just above the line I have in the chart.
Trade active
314.22Trade closed: target reached
And so it begins for GLD
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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.