CFD Trading – Buy SPDR Gold Shares (GLD.NYS) @ $173.80. Stop @ $169.10 and Target @ $180.00

SPDR Gold Shares Stock Code GLD.NYS


Price broke above a previous high in the previous trading session, creating an Ichimoku reversal with a V-shaped price projection target at $180.04. Conversion line and Base line had a bullish crossover and is hinting of a bullish price trend ahead. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish price trend. MACD is bullish and is hinting at a bullish price trend. If price can stay above the Ichimoku breakout, it could be heading towards the Ichimoku price project target at $180.04 in the next 2-3 weeks.


$173.80              Buy

$180.00              Price Target

$169.10              Risk Management Stop

3 weeks              Trade Duration

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