From the most recent comment on Gold (Nov 27): "GLD needs to break above the low 190's to be considered a true break-out...not there yet." A month later, GLD is hanging around the key $190 level, but needs a hard break above the low $190's for a convincing third wave impulse. If it occurs soon enough, GLD can see $220+ 1st quarter of 2024. GLD GLD Jan $180C Trade Management Our Jan $190C has 24 days until expiration. Hold here with a 50% trailing stop and whether stopped or not, we will be looking at the Feb-Mar expirations for our next position. Note: Low, low option volume during the days after Christmas suggesting not much action going into the new year. Gold
