Get Ready to Go Long GLD

By Licia Leslie

July 2, 2025

Hi Shoppers,


Gold Futures (Ticker: GC1!) have bounced off pitchfork support with a hammer and confirmation:

Now once they clear that 21 day moving average they are clear to trade to the opposite end of the channel with an 80% probability.

 

That is my price target at $3458.

 

Thank You For Reading … See You Next Tuesday,

 

Licia Leslie

Licia Leslie

Head of Technical Analysis

pit profits

See what's hot at option pit

CAPITOL GAINS: SMR Aug16 7 call closed for a 150% gain

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OP MENTORING: SPY Mar22/19 510 put calendars and 520 calls for 6.4% gain

OPTION SHOPPER: ERX Mar28 65 calls closed for a 90% gain

Licia Leslie

Licia Leslie

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About the Author

Licia Leslie

Licia Leslie

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

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