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![PeloSwing Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1349191159013388290.png) PeloSwing🎯👸🏻 [@PeloSwing](/creator/twitter/PeloSwing) on x 27.2K followers
Created: 2025-06-19 21:10:01 UTC

$GLD SPDR Gold Trust

- As with treasuries, gold is usually seen as a "safe haven" asset during crises. This gold fund is already up XXXXX% YTD but has been consolidating a bit, likely setting up for another leg higher in my opinion. On the X hour chart, price is currently sitting right on the XX SMA, which could act as technical support.
- The Fed left rates unchanged on Wednesday but their outlook for rate cuts can be considered a bit dovish. "A dovish outlook for U.S. interest rates after the Federal Reserve on Wednesday indicated its expects to cut rates two times this year and concerns over rising U.S. debt are also backing prices." 🕊️

![](https://pbs.twimg.com/media/Gt1a7tmXQAAzsg7.png)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1935807306098524519/c:line.svg)

**Related Topics**
[safe haven](/topic/safe-haven)
[rates](/topic/rates)
[fed](/topic/fed)
[sma](/topic/sma)
[federal reserve](/topic/federal-reserve)
[$gld](/topic/$gld)
[spdr gold etf](/topic/spdr-gold-etf)

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