GLD fell last week as Dollar rallied towards FOMC.
The turn came after the completion of a bearish Gartley pattern.
Now GLD is approaching a potential Buy Zone that includes:
Weekly MA lines
Daily MA lines
Broken trend line
Structure
Risk and Potential Reward are shown
If the Fed won't raise rates, GLD can be an interesting buy.
Read more about GLD, DXY, Bitcoin and more of my weekly forecast in the #WeeklyMarketsAnalysis (search on Twitter)
The turn came after the completion of a bearish Gartley pattern.
Now GLD is approaching a potential Buy Zone that includes:
Weekly MA lines
Daily MA lines
Broken trend line
Structure
Risk and Potential Reward are shown
If the Fed won't raise rates, GLD can be an interesting buy.
Read more about GLD, DXY, Bitcoin and more of my weekly forecast in the #WeeklyMarketsAnalysis (search on Twitter)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.