iShares® Gold Trust Micro (IAUM, $29.74) price may drop as it broke higher Bollinger Band on Mar 13, 2025

@CommoditiesBroadBasket, #TechnicalAnalysis, #Bollinger, #Bearish, #ETFs
IAUM - iShares® Gold Trust Micro
Bollinger signal
Bearish Trend
69%
Odds of DOWN Trend
Price: $29.74
Daily change: +$0.49 (+1.68%)
Daily volume: 1.9M
Net Assets: $1.2B

This price move could be a signal that IAUM may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 45 similar cases where IAUM's price broke its higher Bollinger Band, and 31 of them led to a successful outcome. Odds of Success: 69%.