There are dozens of formulas investors use to determine buying and selling opportunities. We prefer to keep it simple with trend following: when a position is above the 200-day moving average, it’s a buy signal; when it’s below, it’s a sell. You can read more about implementing a trend following strategy here.
For ETF Trends Premium subscribers, we also offer trading alerts. All you do is tell us which funds you want to watch, and we’ll send an alert that a trading opportunity has appeared, straight to your inbox! But that’s just one of the benefits of premium membership.
For full disclosure, Tom Lydon’s clients own shares of GLD.
Tisha Guerrero contributed to this article.