SPDR Gold Shares
업데이트됨

GLD - BEARISH ASCENDING WEDGE / PORTFOLIO REBALANCE / SELLOFF

168
1. I don't normally post about Gold, but I will personally be dumping mine tomorrow and buying more AMD and AAPL. Time to chase the real winners, and drop the hedges.

2. Confirmation:

- GLD selloff (of course)
- TVIX, VXX, UVXY selloff
- SMH++
- AMD / MU / TSM ++++
- VIX - Complete Breakdown

3. You can make the GLD negative interest rate argument all day long, and election madness, and Trump whatever, but GOLD is up big this year, and that is exactly what I would dump to chase
the MELT UP STARTING TOMORROW.

HAPPY NEW YEAR.
노트
By the way, this is solely basely on technical analysis, fund flows, and a real guess on EXACTLY how the re-balancing will take place.

I would look for a move below $140 to confirm, and look to buy again in the $120 Zone.

Long Shot Call by the way. This one is based on some AI and Neural Network Information about flows in the latter part of the year and what "might" get sold hard to chase winners.
노트
I expect AAPL / AMD and a host of others to be the recipients of the gold cash. The money will probably flow back into GLD after this 2020 Bubble Bursts....
노트
And for those of you with SHORT MEMORIES, Goldman I believe (Look it up), told everybody to SELL GLD @ $140+ and wait for a $120 ENTRY. They were just not perfect with the timing. Four months early.

January 1st, GLD Breakdown starts.... Hunch.... Really Good Hunch...
노트
Yesterday - Contrarian I think...

SPDR Gold Shares holdings rise to 892.37MT from 888.86MT This is the second consecutive increase and the highest level of holdings since November 29th.
액티브 트레이드
First line...

"I don't normally post about Gold ".

I think it should stay that way. Well, published 4 ideas yesterday, and 3 of them bang on. Where is Meatloaf when you need him?
주문취소됨
It appears that the U.S. Election, coupled and most likely due to caving U.S. Dollar, GLD looks poised to break out hard to the upside...
노트
Cant fight the tape. Everything going up this year again?

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