Gold (GLD) ready to bounce off long-standing trendline

٩ سبتمبر ٢٠٢١

GLD is getting ready to close this week on a long-standing (multi-year) trendline. With the current conditions with skyrocketing US dollar debt and global uncertainty caused by COVID, I expect GLD to move up to a target of $175 to $178 in the coming months, at a minimum.