NYSEARCA:GOAU - NYSE Arca - US26922A7191 - ETF - Currency: USD
Overall GOAU gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, GOAU also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 25.64, a Stop Loss order could be placed below this zone.
18.60
5 important support areas can be observed.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
26.97 | 25.34 | 1.63 (6.03%) | 16.58% |
An entry @26.97. This is a Buy Stop order right above the 10 day moving average. | An exit @25.34. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.63 points, which is 6.03%. | When investing 16.58% of your capital in this trade, your total portfolio risk will be 1.00%. |
26.13
-0.05 (-0.18%)