$GLD. Gold has been booming, can't stop - won't stop!?

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I am looking to go long above 165 close. Potentially, up to 175 - 185. Really close stops within the consolidation (aqua) zone.

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MACRO VIEW

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If it goes against me, I'll be looking to buy at the curved support.

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Building the game plan further:

0.786 resistance in 167-168 range, which is really tight. It would not hurt to anticipate a reversal. Past 0.786, Elliot theory is on the bull's side.

Remember, this is a 1M chart. It's not ZM ripping thru blue skies.

What's a perfect bull case? There is no need to peep MACD and RSI charts. The answer is not on the chart.

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I'm in @ 166 quid. Bullish call spreads for August.

I'm happy with this entry, however should've picked at diagonal support (black). I didn't have an order \ woke up late, because was saucing last night :D

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Above 186, there is a blue sky. So far so good!!!

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أغلقت الصفقة: تم الوصول للهدف

Sold @ 185.67. I mean, all option positions were closed at that price.

I'll be back with an update. The gld reign aint over.

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