GLD

GLD
$408.89 -3.25% As of Aug 29, 12:11 AM
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Trade Idea

Strategy
Bull Call
Strikes
$372/373
Expiration
Aug 21
Target ROI
100.0%
Trade Reasoning
The current price of GLD at $372.60, slightly above the lower strike of $372, indicates a favorable entry point for a Bull Call Spread. With no identified technical risk factors and a clear bullish sentiment, this setup is primed for potential upside. The ATM spread structure maximizes our risk/reward, allowing us to capture gains as the stock rises while limiting downside exposure, ensuring we maintain our disciplined approach to trade management. Maya's edge comes from disciplined trade management—knowing when to exit is just as important as when to enter. Subscribe to get real-time open and close alerts that take the guesswork out of trading.

Technical Analysis

GLD Momentum Breakout Confirmed at $408.89

Bullish
Aug 29, 2026 at 12:11 AM $408.89 (-3.25%)

GLD (GLD) retreated 3.25%, ending the session at $408.89 on August 29.

Technical indicators paint a mixed picture:

Momentum RSI at 54.6 is neutral but weakening. MACD is bullish (10.22 vs signal 9.53).
Moving Averages Moving averages are converging near $415.70 (9-day) and $405.94 (21-day), signaling indecision.
Volatility Bollinger Band width at 15.3% indicates normal volatility.

The $373.85-$435.81 range defines near-term boundaries.

GLD Momentum Tide Turns Positive at $408.89

Bullish
Aug 28, 2026 at 9:01 PM $408.89 (-3.25%)

GLD Maintains Uptrend, Holds Above EMAs at $422.60

Bullish
Aug 27, 2026 at 9:01 PM $422.60 (+0.31%)

GLD Rides Bullish EMAs Higher to $421.32

Bullish
Aug 26, 2026 at 9:01 PM $421.32 (-1.58%)

Pullback Risk Rising for GLD at $428.07

Bearish
Aug 26, 2026 at 12:06 AM $428.07 (+0.33%)
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Key Stats

Entry Price $0.50
Max Profit $0.50
Max Loss $0.50
Days to Exp -8
Trade Date Jul 15, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.