$SPDR Gold ETF (GLD.US)$The small green candles after the big red one suggest buying is stabilising. Futures being slightly negative can put some short-term pressure. But unless gold futures crash harder, GLD seems to have strong support around 294–295. Short term (1–3 days): Might still be a little choppy because of futures weakness and recent big red candle. Medium term (1–3 weeks): Still bullish bias unless GLD falls below 294 hard. As long as it stays above the MA20, uptrend intact.
$SPDR Gold ETF (GLD.US)$🇨🇳#Chinese Embassy spokesperson on the U.S. Expressing Willingness to Dialogue with #China on #Tariff: 🔺There have been no consultations or negotiations between China and the #US on the issue of tariffs, let alone any agreement being reached. 🔺The #tariffwar was unilaterally provoked by the U.S., and "whoever caused the knot should be the one to untie it." 🔺If the U.S. genuinely seeks to resolve the issue through dialogue and negotiation, it must correct mistakes, aban...
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SPDR Gold ETF Stock Discussion
So, bullish or bearish?
Asian session, +10 bucks, incoming!
Gold is the best comedian because its jokes are timeless.
Short term (1–3 days): Might still be a little choppy because of futures weakness and recent big red candle.
Medium term (1–3 weeks): Still bullish bias unless GLD falls below 294 hard. As long as it stays above the MA20, uptrend intact.
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🔺There have been no consultations or negotiations between China and the #US on the issue of tariffs, let alone any agreement being reached.
🔺The #tariffwar was unilaterally provoked by the U.S., and "whoever caused the knot should be the one to untie it."
🔺If the U.S. genuinely seeks to resolve the issue through dialogue and negotiation, it must correct mistakes, aban...
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