GLD - Chart Link - one thing I said last
night if you wanted to be long some GLD, you could inside the
pattern with a very tight stop just below the trendline, vs waiting
for it to break out. If you are wrong you lose hardly anything
since stop is so tight. Also monitor the trendline on the GDX/GLD
ratio
GLD comments
Posted by matt on 7th of May 2020 at 09:57 am
GLD - Chart Link - one thing I said last night if you wanted to be long some GLD, you could inside the pattern with a very tight stop just below the trendline, vs waiting for it to break out. If you are wrong you lose hardly anything since stop is so tight. Also monitor the trendline on the GDX/GLD ratio
Update: GLD comments
Posted by matt on 7th of May 2020 at 11:46 am
GLD - Chart Link - updated view - again long this morning with stops as I said below purple dotted line
Update: Update: GLD comments
Posted by matt on 7th of May 2020 at 02:10 pm
GLD - Chart Link - was a nice buy this morning near that lower part of triangle as I stated this morning
TLT bounced off 50 day
Posted by arun on 7th of May 2020 at 02:23 pm
TLT bounced off 50 day MA too...