TDGonTView

The Metals are looking HEAVY - Getting Long GLD Again

Long
TDGonTView Updated   
AMEX:GLD   SPDR Gold Trust
2H chart in GLD fires off an Extreme Turn Buy at 175. Targeting visible range POC 183 area.

GLD OCT 177/183 Bull Call 1.70db

As always, we keep the management of directional options simple:
Risk = 50% of premium paid
Target = 2x Risk
Trade active:
Scaling 1/3 position for 2.25 on GLD pop to 178 and GC above $1900

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