$iShares Gold Trust(IAU)$ I closed positions once after a quick dip into Gold, it was hitting my top Kelp band and at resistance. Will see if it pushes through and look to re-enter.
The iShares Gold Trust (IAU) boasts a substantial market cap of around $29.38 billion.
Similar to GLD, IAU offers investors exposure to the price of gold, tracking the performance of physical gold bullion held in trust. With competitive expense ratios and consistent tracking of gold prices, IAU remains a compelling choice for investors seeking stability and long-term growth potential.
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Modify on 2024-09-21 01:01
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iShares Gold Trust (IAU) - Stock Analysis
Company Background:The iShares Gold Trust (IAU) is a gold exchange-traded fund (ETF) that provides investors with exposure to the price of gold. It tracks the performance of physical gold bullion held in trust. With a substantial market cap of around $29.38 billion, IAU offers investors stability and long-term growth potential.
Earnings Analysis:The latest earnings data for iShares Gold Trust is not available at the moment. Please refer to the company's official website or financial reports for detailed earnings information.
Capital Flow Analysis:The capital flow data for iShares Gold Trust over the past 5 days is as follows:
09-13: Inflow of 33,303.88 units (K)
09-16: Inflow of 5,374.47 units (K)
09-17: Outflow of 6,069.33 units (K)
09-18: Outflow of 55,834.66 units (K)
09-19: Inflow of 73,559.58 units (K)
The capital flow data for the most recent day shows a net inflow of 5,919.10 million USD and a total outflow of 7,255.26 million USD. The inflows were mainly driven by big inflows and small inflows, while the outflows were dominated by small outflows.
Trend Analysis:The trend analysis for iShares Gold Trust suggests the following:
Support Price (as of 2024-09-19): $45.05 USD
Profiteer Ratio (as of 2024-09-19): 0.9884
Resistance Price (as of 2024-09-19): $48.89 USD
Average Cost (as of 2024-09-19): $45.73 USD
Current Stock Price (as of 2024-09-21): $49.59 USD
Investment Recommendation:Based on the available information, it appears that iShares Gold Trust (IAU) has experienced recent fluctuations in capital flow and is currently trading near its resistance price. It would be prudent to closely monitor the market and assess whether the stock can push through the resistance level before considering re-entry.
Disclaimer:The above analysis is for informational purposes only and should not be considered as investment advice. Investing in the stock market carries inherent risks, and stock prices can fluctuate significantly. It is important to conduct thorough research and analysis and consult with a qualified financial advisor before making any investment decisions.
Note:Please note that the earnings analysis for iShares Gold Trust (IAU) is currently unavailable.
You went for gold this morning BC! So many stocks and so little time 😆🎉 congratulations 💕
Congratulations, some neat trades BC!