FRA:WGLD - Deutsche Boerse Ag - JE00BN2CJ301 - ETF - Currency: EUR
We assign a technical rating of 10 out of 10 to WGLD. Both in the recent history as in the last year, WGLD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, WGLD also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 279.25, a Stop Loss order could be placed below this zone.
261.07
2 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 |
---|---|---|---|
289.31 | 283.67 | 5.64 (1.95%) | 25.00% |
An entry @289.31. This is a Buy Stop order right above the resistance zone. | An exit @283.67. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.64 points, which is 1.95%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.49%. |
FRA:WGLD (5/2/2025, 7:00:00 PM)
284.22
-5.94 (-2.05%)