Get started
SPDR Gold TrustSPDR Gold TrustSPDR Gold Trust

SPDR Gold Trust

No trades
See on Supercharts
Overview Analysis Holdings News
Ideas
Discussions Technicals Seasonals Options

GLD trade ideas

GLD shows investors aren't selling yet!If you're ever wondering whether or not the market is looking rocky, a good way is to look at Gold -- money will flow out of stocks and into commodities as a hedge, and in this case, GLD is holding within this symmetrical triangle. However, if GLD looks like it's consolidating here with the oscillators indicating strength. This *could* be a sign that investors are preparing to hedge their portfolio and are expecting a market selloff sometime soon. Watch these levels, especially towards the end of the month!
AMEX:GLD
by Samirp01
Possible GLD ScenariosFirst things first, all time highs are bullish. Let’s not forget that! When looking at GLD, that is the first thing I notice. Let’s have a look at the chart: When a new all time high is reached, I like to use the Fib extension tool to pick some possible upside targets. Gold has formed a huge base of the cup and it looks to be forming a possible cup and handle. For scenario 1, GLD goes to the 161% extension. The MACD is trending bullish on the monthly so this case is still a possibility. The RSI is really high at around 80. The RSI never stays around 80 for too long without pulling back. If we see this bounce off the 60 or 70 mark, the 161% extension looks very possible. If the trend continues bullish, a logical resistance area is the 127% extension. The RSI would still need to hold round 60 to 70 for this scenario as well. If we fail here, I imagine we will put in our handle formation. Good re-entry points for the handle would be the 50% or the 61% retracements. Scenario 3 is a near term failure. the targets here would also be the 50% and the 61% retracement levels. For this scenario, as long as the RSI stays above 40, the trend will continue upwards and the massive cup and handle will have formed. Happy Trading!
AMEX:GLDLong
by derzzycharts
Gold is hard to follow?GLD is still working in a price channel and a trend to the BULLISH side. Bouncing off the bottom support while consolidating. Positive S&P or DOW moves tend to see down days or sideways selling. Any bad news may see upticks within the Fib or BB ranges UP! Watch for Thursday's with Futures closings, Friday Option expiration's and "Witching" days, these are also big Gold/Silver sell signals as margin calls or weekend bag holders drop positions for cash. Renko's track just the price moves with trends, use these and Henkin Ashi for patterns, then Candles for action!
AMEX:GLDLong
by egillis214
GLD Inside Ascending Triangle. Upside Breakout Due..After a nice $200+ correction from the fresh all-time highs, Gold appears to be making a new triangle which could breakout to the upside by the end of this month/early-September. While spot gold did go lower which is not reflected in the GLD ETF, spot prices did not stay below $1900 for more then 4 hours which shows there is very STRONG demand under that price. Looking to go LONG again upon a confirmed upside breakout..
AMEX:GLDLong
by kaotic363
5