GLD Weekly Options Trade Plan 2025-05-05

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GLD Weekly Analysis Summary (2025-05-05)

MODEL SUMMARIES

Grok/xAI Report

Technicals: Price above 10/50/200 EMAs (bullish on M5 and daily); 5-min RSI overbought (84); Bollinger Bands hugging upper band; MACD bullish but weakening. Sentiment: VIX down (22.7), mixed gold news, high OI in $315–$316 calls vs max pain at $300. View: Moderately bullish. Trade: Buy $316 call @ $0.75, target $1.125, stop $0.50, expiry 5/9.

Gemini/Google Report

Technicals: Strong 30-day rally, short-term overbought M5 (RSI 84) vs neutral daily; facing resistance $308–$309; MACD mixed. Sentiment: VIX falling, max pain at $300 exerts bearish pull; mixed headlines. View: Neutral/Unclear. Trade: NO TRADE.

Claude/Anthropic Report