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.
$180.00 Price Target
$169.10 Risk Management Stop
3 weeks Trade Duration