SPDR® Gold Shares (GLD)

NYSE
Currency in USD
249.27
-1.33(-0.53%)
Closed
Pre Market
251.18+1.91(+0.77%)

GLD Comments

$245 MONDAY AT 6:30 a.m.
How is this up when gold is down. Fake ETF
You have to be a bit patient. Gold futures and spot gold are just two elements that play into GLD price, along with supply and demand of this ETN, since some traders have access to only one market, GLD cash or GLD futures on margins. I've been trading gold successfully via GLD options, and what I've observed is any discrepancy, where one is up and other down, or vice versa, isn't huge difference and moreover, is just a delay. I haven't created a table to track data over months, to see which lags the other, if even consistently. But my impression and how I trade is relying on gold futures (GC) momentum and price to eventually spill over into GLD. My trading tool projects where momentum is going, and a nearly 24-hour trading window (futures) is more reliable to projecting momentum and price than cash session. So I trade GLD options based on where GC momentum and moving price avg. is projected to go with my proprietary trading tool. So no, it's not a fake ETF. You see the same issue with UCO and other oil ETNs vs. CL oil futures, or silver securities, etc. They're not in 100% lockstep like SPX and ES futures because of different underlying securities and different trading customers who's supply and demand differences vary in very short term but not over a day or longer, allowing arbitrage.
Powell need another 50bps for harris style wins
Shorters go ahead and make my day
Powell is just trying to salvage Harris's failing campaign.
Is it good to buy option for next week? What do you think call or put?
put options
GLD $216.91 -1.31% at Friday's Close! MaxPain for today's option expiration was $212.50. GOLD (Jun) $2,360 at the 04:00 PM ET Friday Tick!
This is down while actual Gold Futures are up.... LOL
False
ounce can't stay at 2190 $ It may reach to 2200 but doesn't last.not ready yet.it hangs about 2150
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193
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I knew once it passed 193. It would fire.
It will become 191 before the new year
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I hope it does. Are you going to sell at that point or keep it or take profit
Retrace and bounce off the 50dma, make my trade.
Gaps Filled. Targets 184, 191.
CYA
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You could have bags of Gold like me. But if the grocery stores empty lol good luck
Trading idea – Entry point hast to be over 185/61.80%
Trading idea – Entry point has to be over 184/61.80%
guys what do you think about gold stocks ??
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Buy them on the dip around late July / early August if you missed the dip to $1900 in late June.
What do you think guys about the 31 millions of tons of gold found in Uganda?
Haha. I lived in Uganda. it's not real. Uganda is a net importer. If you said DRC then maybe.
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Damn you better have an artillery of guns
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Africa is the most mineral rich country in the world, and look where they are now. I would surely just have to call that rape.
I think as the price of gold rises The power of Russia will grow because they buy and sell for gold
Nice test Shahmar :)
I think the war will not end as the price of gold risesRussia will build up its power they buy and sell gold
I think the price of gold should fall rapidly
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gold is rocking for Short days only.than back to normal support.
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gold is rocking for Short days only.than back to normal support.
as the price of gold rises the war will go on Russia is getting stronger day by day I feel sorry for the people of Ukraine.
Someone stated that If Russia demanded gold for oil instead of USDs, since they are being denied access to the SWIFT system it could be a major game changer.
try to buy ruble today but no supply
as the price of gold rises the war will go on Russia is getting stronger day by day I feel sorry for the people of Ukraine.
as the price of gold rises the war will go on Russia is getting stronger day by day I feel sorry for the people of Ukraine.
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