BIT:WGLD - Euronext Milan - 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 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 279.84, a Stop Loss order could be placed below this zone.
262.90
When analyzing the support we can see 2 important areas.
2 important resistance areas can be observed.
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 |
---|---|---|---|
288.59 | 282.11 | 6.48 (2.25%) | 25.00% |
An entry @288.59. This is a Buy Stop order right above the resistance zone. | An exit @282.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 6.48 points, which is 2.25%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.56%. |
BIT:WGLD (5/2/2025, 7:00:00 PM)
284.36
-4.63 (-1.6%)