GLD trade comments

    Posted by matt on 14th of May 2020 at 09:42 am

    GLD - Chart Link - I'd move stops up to around 160 or 159.7 now on GLD. Remember guys my discussions, talked about it last night too.  I don't like buying breakouts. I like to look for entries inside patterns that make sense where I can have a very tight initial stop.  I bought near the lower trendline of the triangle vs waiting for GLD to break the trendline of the coil

    Thanks, Matt.   Very nice

    Posted by shecar on 14th of May 2020 at 10:53 am

    Thanks, Matt.   Very nice call on this.  As it breaks out of the triangle, any suggestions on moving stops up even further or do you leave them here in the triangle?  

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