Mirrored iShares Gold Trust (mIAU) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Monday, the Wrapped Tokens has dropped 0.04% to $17.65.
InvestorsObserver is giving Mirrored iShares Gold Trust a 1 Volatility Rank. Find out what this means to you and get the rest of the rankings on Mirrored iShares Gold Trust!
Low Volatility
InvestorsObserver gives Mirrored iShares Gold Trust a low volatility rank of 1, placing it in the bottom 1% of cryptos on the market.The Volatility Gauge analyzes meaning that one day won't make or break its rank. mIAU's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Mirrored iShares Gold Trust price is favorably positioned going forward. With support at $17.61 and resistance set at $17.68. This leaves Mirrored iShares Gold Trust with room to run before facing selling pressures.
