Spdr Gold Shares $GLD Technical Update

The Spdr Gold Shares (NYSE: GLD) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for GLD, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Neutral Neutral Neutral
P1 123.18 122.84 110.86
P2 123.68 124.77 118.45
P3 124.24 126.70 125.98

Long Term Trading Plans for GLD

February 12, 2019, 8:00 am ET

The Technical Summary and Trading Plans for GLD help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this GLD Report.

GLD - (Long) Support Plan

The technical summary data tells us to buy GLD near 118.45 with an upside target of 125.98. This data also tells us to set a stop loss @ 118.19 to protect against excessive loss in case the stock begins to move against the trade. 118.45 is the first level of support below 123.6 , and by rule, any test of support is a buy signal. In this case, support 118.45 is being tested, a buy signal would exist.

GLD - (Short) Resistance Plan

The technical summary data is suggesting a short of GLD as it gets near 125.98 with a downside target of 118.45. We should have a stop loss in place at 126.24 though. 125.98 is the first level of resistance above 123.6, and by rule, any test of resistance is a short signal. In this case, if resistance 125.98 is being tested, a short signal would exist.

GLD Long Term Analysis

GLD Dividend Chart

GLD PE chart

GLD PEG chart