Wednesday, February 25, 2009

Gold Pulling Back

As equities rallied yesterday Gold fell about 2.5%. I'm waiting for Gold to enter my "buy zone" before I consider a long position. I think Gold below $835 would offer an attractive entry point. I am also keeping an eye on the GDX (Gold Miner ETF) for a similar entry.

Gold
Gold Miners (GDX)

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