In this lesson, we remain with stocks, but to a different group entirely, and that’s ETFs, to once again show you that the VWAP indicator works in the same way, whether on a stock or ETF. In addition, we have moved into the world of commodities as David explains the VWAP in action on TradingView and the GLD.
This is an extremely popular and liquid ETF and as you will see works in precisely the same way, with volume price analysis supportive of the indicator across the various timeframes.