SGOL physical gold ETF long entry for position ( GLD )I'm letting my pendulum start picking more stocks for me since things are happening with them. I have this as a big low coming and it seems like this is to buy and hold for the long term.
I posted the area I expect to hold and the target may be up to 35-36, but really it's just suggesting to hold it
Key stats
About ABRDN PHYSICAL GOLD SHARES ETF
Home page
Inception date
Sep 9, 2009
Structure
Grantor Trust
Distribution tax treatment
Return of capital
Income tax type
Collectibles
Max ST capital gains rate
39.60%
Max LT capital gains rate
28.00%
Distributor
ALPS Distributors, Inc.
SGOL, like other physically backed gold ETFs, aims to provide an efficient way for investors to obtain gold exposure. The fund is structured as a grantor trust preventing trustees from lending the underlying gold. SGOL has changed since Aberdeen purchased the fund on April 27, 2018 from ETF Securities. Following the acquisition, Aberdeen expanded its custody arrangements. Now SGOL's Trust assets are custodied by JPMorgan, vaulting in Zurich and London. On June 21, 2019, SGOL changed its name from Aberdeen Standard Physical Swiss Gold Shares ETF to Aberdeen Standard Physical Gold Shares. On November 4, 2019 the shares were split 10 for 1, reducing the handle. SGOL shares currently trade at 1/100th of the spot price for gold, which appeals to investors wishing to place small orders.
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Top 10 holdings
$SGOL #Gold #GoldProduct #Long #BullmarketGold continues to find itself in a bull market. Typically you have seen me charting gold via future products. /GC or XAUUSD. This is a great alternative within an ETF product. Some other ones I recommend are BAR & IAU.
Good luck trading friends, and join the gold bugs on the bull train.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SGOL trades at 596.00 MXN today, its price has fallen −6.14% in the past 24 hours. Track more dynamics on SGOL price chart.
SGOL net asset value is 611.67 today — it's fallen 1.99% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SGOL assets under management is 98.17 B MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SGOL price has fallen by −5.41% over the last month, and its yearly performance shows a 58.69% increase. See more dynamics on SGOL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.99% over the last month, have fallen by −1.99% over the last month, showed a 7.41% increase in three-month performance and has increased by 59.45% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.99% over the last month, have fallen by −1.99% over the last month, showed a 7.41% increase in three-month performance and has increased by 59.45% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SGOL expense ratio is 0.17%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SGOL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SGOL technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SGOL shows the sell signal. See more of SGOL technicals for a more comprehensive analysis.
Today, SGOL technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SGOL shows the sell signal. See more of SGOL technicals for a more comprehensive analysis.
No, SGOL doesn't pay dividends to its holders.
SGOL trades at a premium (2.45%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SGOL shares are issued by Aberdeen Group Plc
SGOL follows the LBMA Gold Price PM ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 9, 2009.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.