SPDR Gold TrustPanjang
Spot Gold ETF GLD going to $270
It may take a few years but GLD has formed a cup and handle over the last 12+ years. The cup was formed from 2011 to 2020 with the cup top at $185. The cup bottom is at $100 in Dec 2015.
The handle has been formed from 2020 to the present. The target for this cup and handle is:
Cup top + Cup Depth = Price Target
$185 + ($185-$100) = $185 + $85 = $270
The target price is 46% over the current price. This would be a good profit but it may take a few years to get there since the cup and handle took 12+ years to form.
The handle has been formed from 2020 to the present. The target for this cup and handle is:
Cup top + Cup Depth = Price Target
$185 + ($185-$100) = $185 + $85 = $270
The target price is 46% over the current price. This would be a good profit but it may take a few years to get there since the cup and handle took 12+ years to form.
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.