YTD price action in GLD 0.00%↑ with AVWAP (dotted), and 200 day EMA (green).
I’m selling some put spreads against the AVWAP line ($280), and watching for a move in there to see if it continues to be a support as it’s been thus far in the year.
Seasonality for GLD 0.00%↑ is typically weak in May/June -
