Key stats
About GLD US$
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Inception date
Nov 18, 2004
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
State Street Corp. (Fund Distributor)
GLD is the first to market to invest directly in physical gold. The product structure reduced the difficulties of buying, storing and insuring physical gold bullion for investors. Actively traded, the shares provide deep liquidity. NAV for the fund is determined using the LBMA PM Gold Price (formerly the London PM Gold Fix), so GLD has an extremely close relationship with spot prices. Its structure as a grantor trust protects investors, trustees cannot lend the gold bars. However, taxes on long-term gains can be steep, as GLD is deemed a collectible by the IRS. Also, GLD's NAV has a larger handle, which corresponds to more gold exposure per share. As such, those impacted by per-share trading costs may prefer GLD over similar funds.
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
GLD: in resistance zone to form mid-term top Price reached and important resistance levels to start forming the top of upward trend since 2022 bottom.
In precious metals fifth waves tend to extend beyond standard fib levels. So if price moves beyond 300, the door opens for a move to 308-330 resistance zone.
Wishing you successful trading
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So the fact that gold is exempt from tariffs basically me
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I "think" it's gonna make a pennant t
GLD gold to top at 327GLD has been absolutely ripping during market uncertainty, and if you account for the 50% retrace on SYX it is not outperforming. I drew a fib extension and looked at a wave analysis for a potential top, they are in alignment. BBWP is nearing firing red and the advanced stochastic cannot stay up her
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Summarizing what the indicators are suggesting.
Oscillators
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Neutral
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Neutral
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Neutral
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Moving Averages
Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
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Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.