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Analysis: #NYSEArca $GLD
Case 357 #SPDR Gold Shares
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#GLD 1/4
Case 357 #SPDR Gold Shares
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#GLD 1/4
Chart 1
Monthly Chart: The #SMAs 50 and 20 have been supporting the up move since Dec. 2018 and this was followed by strong #momentum enabling price to close strongly above 2013 #pivot resistance at 134.62 and .....
GLD 2/4
Monthly Chart: The #SMAs 50 and 20 have been supporting the up move since Dec. 2018 and this was followed by strong #momentum enabling price to close strongly above 2013 #pivot resistance at 134.62 and .....
GLD 2/4
..... then hold above. Firm #resistance is seen at 177.72 - 183.24 - a close above the latter targets 205.45.
GLD 3/4
GLD 3/4
Analysis: #NYSE $SPY
Case 50 #SPDR S&P 500
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
#SPY 1/6
Case 50 #SPDR S&P 500
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
#SPY 1/6
It seems as though the up move will never end but a correction is long overdue.
SPY 2/6
SPY 2/6
Chart 1
Monthly Chart: Currently breaking above #trendline resistance and the immediate target is 315.54 then 338.47 and the first synthetic trendline #resistance stands at 342.91. ....
SPY 3/6
Monthly Chart: Currently breaking above #trendline resistance and the immediate target is 315.54 then 338.47 and the first synthetic trendline #resistance stands at 342.91. ....
SPY 3/6
