GLD breakout is finally happening!
Check out the monthly chart on GLD! We've gone over this breakout and if finally looks like we're getting a higher high.
We have been long on GLD and physical gold for awhile now as an inflation hedge.
This will also be an active play if tensions between Russia and Ukraine continue to escalate.
Looking at our fib extensions we see $200 and $210 are well within reach.
GLD
We have been long on GLD and physical gold for awhile now as an inflation hedge.
This will also be an active play if tensions between Russia and Ukraine continue to escalate.
Looking at our fib extensions we see $200 and $210 are well within reach.
GLD
Trade closed: target reached
