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Index Trend Analysis Report

Prepared for you on Sunday, July 12, 2020.

SPDR Gold Trust (GIF:GLD)

Long-Term Uptrend (+90) - GLD is in a strong uptrend that is likely to continue. While GLD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid GLD?

MarketClub looks at technical strength and momentum to determine if the timing is right for GLD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_GLD
Open High Low GLD Price Change
169.50 170.28 168.58 168.98 -0.52
Entry Signal

MarketClub’s Trade Triangles for GLD

long term up The long-term trend has been UP since Apr 13th, 2020 at 159.19

intermediate term up The intermediate-term trend has been UP since Jun 22nd, 2020 at 164.08

short term up The short-term trend has been UP since Jun 30th, 2020 at 166.73

Smart Scan Analysis for GLD

Based on our trend formula, GLD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GLD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
169.50 170.28 168.58 168.98 -0.52
Prev. Close Volume Bid Ask Time
162.40 0 2020-07-10 19:14:43
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