Gold Only

Today, gold and its ETF, GLD broken out the bull flag pattern. Gold future contract went above 940 and closed slightly under 939, and GLD closed above 92. These price actions satisfied the trigger levels for me to go long on GLD. Here are the charts:





I will be trading gold ETF GLD only. Due to the divergence between the mining stocks and the gold future contract price movements, I will not be trading any mining stocks or its ETF, GDX.