Gldm stock price forecast traders monitoring price action note

Traders monitoring price action note "GLDM stock price forecast" pivot point at $39. Investors can consider funds like SPDR Gold Shares GLD, iShares Gold Trust IAU and SPDR Gold MiniShares Trust GLDM. SPDR Gold Shares has amassed an asset base of $80.88 billion and charges an annual fee of 0.4%. It has a three-month average trading volume of 6.99 million shares. Current market sentiment around "GLDM stock price forecast" suggests modest upside potential into Q3 2024, supported by continued gold ETF inflows. Analysts note recent resistance around $40.10, with potential breakout if gold spot prices sustain above $2,300/oz.