Long GLD

Sentiment is too hopeful on a quick resolution on COVID globally. Buffett didn't buy the US Stock Market dip - more stimulus is needed which should drive investment demand for gold.

Long GLD at $162.92
Stop at $160.65 - Risk of $2.27
Target $184.5 - Reward of $21.58

Risk-Reward of 9.5x

Pivot PointsTrend Analysis

Disclaimer