I entered GLD at $89 last Tuesday. Heres a look at what the GLD is doing on a 10 minute time frame.
GLD GLD pulled back from the $93 level today and ended up closing at $92.35. I think that the GLD may pull back a little more next week before continuing higher.
I wasn't able to pull up those links you posted, so i'm not sure what your getting at.
Longer term though I think we have enough fear and inflation expectations going forward to propell us through 1000. The technicals look good from my entry, but as always I have a tight stop in if I'm wrong.
GLD pulled back from the $93 level today and ended up closing at $92.35. I think that the GLD may pull back a little more next week before continuing higher.
http://www.kitco.com/charts/popup/au1825nyb.html 5 year chart
ReplyDelete1 year chart http://www.kitco.com/charts/popup/au0365nyb.html
zoom in on the Feb - March charts and tell me why they look similar.
Hey CC,
ReplyDeleteI wasn't able to pull up those links you posted, so i'm not sure what your getting at.
Longer term though I think we have enough fear and inflation expectations going forward to propell us through 1000. The technicals look good from my entry, but as always I have a tight stop in if I'm wrong.
click on the 1 year, 5 year gold charts at
ReplyDeletehttp://www.kitco.com/charts/livegold.html