IAU: A Cheap, De-risked Way to Ride the Next Gold Leg Higher
IAU (iShares Gold Trust) offers low-cost, liquid exposure to physical gold. After a steep rebound from last year's lows and a recent pullback from $104.40, the ETF is trading at $91.14 and looks set up for a mid-term trade into a renewed risk-off or weaker dollar. This trade pairs a pragmatic entry, a conservative stop and a realistic target tied t…