GLD tapped off the Weekly level 185 and has held it for over a week now.
I think it could just actually hold right here or push down into the Blue line / Green highlighter level Daily level 183 and find support before moving higher.
There is a fresh Weekly Daily MTF level at the Pink highlighter 179. Which is where I would put a short Put strike trading this as a Put credit spread campaign.
I'm not sold just yet on the 185 holding so just waiting.
I like the 183 level better because it has a previous VWAP inflection there.
I think it could just actually hold right here or push down into the Blue line / Green highlighter level Daily level 183 and find support before moving higher.
There is a fresh Weekly Daily MTF level at the Pink highlighter 179. Which is where I would put a short Put strike trading this as a Put credit spread campaign.
I'm not sold just yet on the 185 holding so just waiting.
I like the 183 level better because it has a previous VWAP inflection there.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.