Posted by: rp on the 16th of Dec 2011 at 11:32 am
decided to replace the limit order on the DGP from wed with a market order and just book the profits and be done with it. my technical bounce target was/is a little higher but all i wanted was a quick bounce off that T1 support area, which we got. from here, i’d rather wait for a break of that support level to re-short gold vs. risk a sudden reversal trying to squeeze the last few cents out of a bounce. updated GLD daily chart below. prior charts in thread.
