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GLD trade ideas

GOLD - Next Stop $180Gold has been on a mission to space and hasn't shown any signs of slowing down. Whenever we see consolidation and a possible resistance forming it breaks through with ease. Targets for now: 1. $180 Feel free to give us a follow and shoot us a like for more analysis updates. Cheers! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise. Feel free to give us a follow and shoot us a like for more analysis updates.
AMEX:GLDLong
by MannyLo
Head & Shoulders Pattern For GoldIn addition to the rising wedge/triangle we see on the GLD, there is also a nice Head & Shoulders Pattern formation presenting itself. I suspect we will go down to about 140 on the SPDR GOLD in the next 12 - 15 days. I don't know the exact timing of the bottom of the head or the top of the right shoulder, but I did put the price points at where I think the right shoulder will hit and where the neckline will be. There are also a variety of indicators I am looking at that support my bearish movement including the DMI, MacD, and Stoch RSI.
AMEX:GLDShort
by Princessgirl
Long LongDon't be fooled by the last peak from 2011 to 2013 the chart only has a memory starting from 2005, also forget the oscillators they won't help you value gold either since like the chart the oscillators can't see the longer trends. The Gold is only going up and it will continue to go up, covid19 is a trend accelerator, gold will never see 1800 dollars a troy ounce after july, no wear near it. Gold is going to break 2000 per ounce and will start touching 3000 by 2024. This is a blue sky breakout.
AMEX:GLDLong
by Uhrenmann