$GOLD / $GLD multi-year #bullish hold.
Over the last few years, the monthly chart on the gold spot price has printed higher lows while creating a strong resistance at $1,366/oz. As the stock market continues the recession trend, commodities are used to hedge those losses which will only help increase the price of gold.
Technicals:
Support - increasing trendline
Resistance - $1,366
MACD - Almost bullish cross on the monthly
GOLD or 
GLD
Technicals:
Support - increasing trendline
Resistance - $1,366
MACD - Almost bullish cross on the monthly
GOLD or GLD
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.