Score 8.2 (out of 10): SPDR GOLD SHARES indicates to return +2.1 rally in 2 weeks


What’s Going On Here?

With next week US inflation print, Gold could benefit as the number comes in lower than expected.

Why Now?

SPDR GOLD SHARES appears to have reached a potential bottom. During similar occasions, SPDR GOLD SHARES shares had a median return of +2.1%, over the following 2 weeks – based on 10 historical occasions with 8 of those showing positive returns (80%). This buy signal for SPDR GOLD SHARES received a high score of 8.2 (out of 10). This insight was generated on 2022-July-8 with last price of 162.3.

What’s This Company About?

SPDR GOLD SHARES is in the Commodity business. Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. Ticker symbol: GLD US.

What’s My Risk / Reward and Time Horizon?

We found 2 weeks to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 165.65 (+2.1%) has been reached. Based on SPDR GOLD SHARES’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 159.4 (last price at 162.3), which is equivalent to a -1.8% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ under (2), etc.

Previous episodes:

0.3% (September-2021), 1.9% (June-2021), -0.2% (February-2021), 3.5% (September-2020), 3.1% (March-2020), 0.2% (November- 2019), 2.2% (September-2018), -1% (June-2018), 3.5% (December-2017), 3.6% (March-2017).

Historical Chart:


Star (1 to 10)8.2
Time2 weeks
Hit Rate80%


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