GLD remains in an uptrend but faces resistance at $250-$252, with support at $242-$245; momentum indicators suggest a cooling-off phase.
Investor sentiment remains bullish despite $801.89M in outflows, with 6.3% of top portfolios adding GLD and strong YTD performance.
CME Gold options market remains bullish, with a 0.63 put-call ratio and strong call open interest at 3000, 3100, and 3250 strike levels, signaling upside expectations.
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