Opinions from a stock market trader.
Disclaimer: The contents in this blog are purely for entertainment and educational purposes only. They are not investment advice. Use them at your own risk.
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Sunday, May 13, 2012
Gold Getting Ready To Make A Move
Looking at the gold ETF, GLD, it is approaching the 152 support level. If it bounce off this level, then a possible swing long to the upper level of the trading range near 175. If it fails to hold 152, then look for lower prices in the 140 region.