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GLD: Nailed It.

GLD (gold etf) has gained nearly 5% since the entry just pennies off the multi-year lows last week. I remain bullish both intermediate & longer-term but we could see prices stall here around the 115 resistance level or even pull back before moving higher. Consider raising stops to protect profits.   The GLD entry last Tuesday was posted at 109.84, mere pennies from the lows. In that GLD long entry post from last Tuesday, it was also stated that " Aggressive swing traders only looking to play a bounce lasting several days or weeks might opt to use gold [...]

2016-06-01T11:57:03+00:00Mar 25, 2015 10:17am|Categories: Completed Trades - Long, Gold & Commodities, Long-Term Trades- Completed|Tags: , , , |Comments Off on GLD: Nailed It.