GLD - Grade: C+

Gold spot price broke the trend line and turning bearish on the daily.


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GLD

Expiration - Feb 15 2019

Strike - 120 puts

Stoploss - If GLD goes above 123 and/or spot GOLD turns bullish as SPY goes bearish.

Target - GLD at 117.65 support


Jan 25 2019

With SPY moving up and GLD following, we’re taking the stop early.

Out of PlayAaron Gose