February 13th, 2012
Published Daily

GLD – SPDR Gold Trust (Last:114.72)

by Rick Ackerman on November 25, 2009 9:24 am GMT

If you shorted on Monday at 115.10 as advised, you were in within 0.02 points of the top. The pullback so far has been shallow but nonetheless sufficient to allow for relaxed profit-taking. Now, I suggest covering all but a small piece of the original position so that you will still have a nice profit if you need to cover what’s left above Monday’s high.



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