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GLD LONG prediction · ibdlive · Bullseye

I think that what gold is doing is shoring up the foundations for a move higher. And it's important to remember also that we're just moving into what is typically the strongest six months of the year for physical demand... I think that points to higher prices.
Channel
ibdlive
Prediction date
2019-10-29
Horizon
2020-04-29
Instrument
GLD · LONG
Verdict
Bullseye
Outcome
<strong>Bullseye:</strong> Entry $140.25 → Exit $161.73 · <span class="num green">P/L +15.3%</span> · <span class="num green">vs SPY +17.6%</span>

Source: Source · 19:47 ↗