Posted by dallassteve on 14th of Mar 2012 at 05:57 pm
Pundits are really divided on gold. I like this chart, and
have been hoping for a deeper correction.
I covered my gold short today at the close, however. (GLL, 9%
gain: lock it in while it is still there)
Let's see what the next couple days bring. I am
really interested to hear member's opinions about where GLD is
going, intermediate term. (I am no longer a day trader.)
which way GLD?
Sri-Kumar gold target
Posted by dallassteve on 14th of Mar 2012 at 05:57 pm
Pundits are really divided on gold. I like this chart, and have been hoping for a deeper correction.
I covered my gold short today at the close, however. (GLL, 9% gain: lock it in while it is still there)
Let's see what the next couple days bring. I am really interested to hear member's opinions about where GLD is going, intermediate term. (I am no longer a day trader.)
GLD Thoughts
Posted by steve on 14th of Mar 2012 at 07:02 pm
Let the price action guide you versus 3rd party opinions....they are likely no better than your guesses.
http://stockcharts.com/h-sc/ui?s=GLD&p=60&yr=0&mn=3&dy=0&id=p36347025456&a=242351922&r=9399&cmd=print