GLD-SPDR Gold Trust ETF

December 7, 2009 by  

GLD has made a nice run up. Having  moved out of  its’ October channel  on November  3, cleared 105 resistance and then steadily marched up. We also saw  Williams %R give a nice double bottom trigger.I am getting very exciting reports of strong profits using call options.  We will now be watching for a new entry signal long after this bout of profit taking has run its’ course.

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