Wednesday, October 9, 2013

Long Gold @ 1305.40

I bought gold via /YG. Gold bears seem to have come out of hibernation lately, talking about the head and shoulders pattern break down. I got news for you. They're wrong. Gold is headed back up towards 1450, probably on the heels of a market meltdown. A move below $1280/oz. negates a bullish move higher.
/GC 4 hr

/GC Weekly

GDX Daily-->Bullish reversal and close above important daily trendline should produce gap open tomorrow

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