GLD Swing Trade Setup – 6/18 $320 Call for 5–10 Day Breakout Mov

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🟡 GLD Swing Trade Setup – 6/18 $320 Call for 5–10 Day Breakout Move
📅 Trade Date: June 4, 2025 | 📈 Timeframe: 5–10 Day Swing
🎯 Playing a bullish continuation with defined risk & strong confidence
🧠 Multi-Model Consensus
Model Bias Strategy Strike Entry PT SL Confidence
Composite Mod. Bullish Long Call 320 1.68 2.52 0.84 75%

🔎 Technical & Sentiment Overview
Weekly Chart: Price > EMAs, clean bullish MACD crossover

15-min Chart: Consolidating near $311–$313 support, breakout forming

Sentiment: Bullish news tailwinds (gold demand, USD weakening)

Max Pain: $308 = short-term pullback risk

Implied Volatility: Stable with limited crush risk

Options Flow: Moderate OI build in $313–$325 calls, upward bias

🎯 Trade Setup – Long GLD Call
Instrument: GLD

Direction: CALL (LONG)

Strike: $320.00

Expiry: 2025-06-18

Entry Price: $1.68

Profit Target: $2.52 (50% gain)

Stop Loss: $0.84 (50% loss)

Size: 1 contract

Entry Timing: Market open

Confidence: 75%

⚠️ Risk Management & Considerations
🛑 SL Discipline: Exit if premium drops to $0.84

🕒 Time Stop: Exit within 7–10 days if trade stagnates

🔁 News Risk: Watch for economic releases and dollar strength reversals

⚖️ Support Check: Must hold $310.50 zone on M15 chart

✅ Trade Thesis Summary
With GLD holding bullish structure on higher timeframes, models show strong agreement on upside continuation. We're targeting the $320 breakout with a controlled-risk weekly option.

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