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home / news releases / GLDM - Gold Prices Are Knocking On The Door Of New Record Highs

GLDM - Gold Prices Are Knocking On The Door Of New Record Highs

SPDR Gold MiniShares Trust

Summary

  • I’ve noticed a very simple stair-step pattern in the trend of gold prices over the past 25 years or so.
  • The action in gold prices over the past couple of years or so has formed yet another consolidation range.
  • If the bull phase that began in 2016 is to continue, gold prices will break out and push to new, record highs.

For further details see:

Gold Prices Are Knocking On The Door Of New Record Highs
Stock Information
Company Name: SPDR Gold MiniShares Trust
Stock Symbol: GLDM
Market: NYSE
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