Learn to Evaluate (AAAU) using the Charts

November 26, 2024, 22:58 pm ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for AAAU

• Buy AAAU near 25.77 target 26.68 stop loss @ 25.7 Details

The technical summary data tells us to buy AAAU near 25.77 with an upside target of 26.68. This data also tells us to set a stop loss @ 25.7 to protect against excessive loss in case the stock begins to move against the trade. 25.77 is the first level of support below 26.015 , and by rule, any test of support is a buy signal. In this case, support 25.77 would be being tested, so a buy signal would exist.

• Short AAAU slightly under 26.68, target 25.77, stop loss @ 26.76 Details

The technical summary data is suggesting a short of AAAU as it gets near 26.68 with a downside target of 25.77. We should have a stop loss in place at 26.76though. 26.68 is the first level of resistance above 26.015, and by rule, any test of resistance is a short signal. In this case, if resistance 26.68 is being tested, so a short signal would exist.

Swing Trading Plans for AAAU

• Buy AAAU slightly over 26.68, target 27.67, Stop Loss @ 26.6 Details

If 26.68 begins to break higher, the technical summary data tells us to buy AAAU just slightly over 26.68, with an upside target of 27.67. The data also tells us to set a stop loss @ 26.6 in case the stock turns against the trade. 26.68 is the first level of resistance above 26.015, and by rule, any break above resistance is a buy signal. In this case, 26.68, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AAAU slightly near 26.68, target 25.98, Stop Loss @ 26.76. Details

The technical summary data is suggesting a short of AAAU if it tests 26.68 with a downside target of 25.98. We should have a stop loss in place at 26.76 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 26.68, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for AAAU

• Buy AAAU slightly over 26.33, target 26.68, Stop Loss @ 26.27 Details

If 26.33 begins to break higher, the technical summary data tells us to buy AAAU just slightly over 26.33, with an upside target of 26.68. The data also tells us to set a stop loss @ 26.27 in case the stock turns against the trade. 26.33 is the first level of resistance above 26.015, and by rule, any break above resistance is a buy signal. In this case, 26.33, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AAAU slightly near 26.33, target 25.98, Stop Loss @ 26.39. Details

The technical summary data is suggesting a short of AAAU if it tests 26.33 with a downside target of 25.98. We should have a stop loss in place at 26.39 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 26.33, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  Goldman Sachs Physical Gold Etf (AAAU) available here: AAAU.

AAAU Ratings for November 26:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	25.77
P2	25.78	25.98	26.68
P3	26.33	26.64	27.67

AI Generated Signals for AAAU

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Goldman Sachs Physical Gold Etf (NASDAQ: AAAU) report below can help you understand how to do this. The trading plans for AAAU, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.