CRInvestor
Long

Weekly Gold 'Bot' Long working fr. 1316.32; stop currently at be

COMEX:GC1!   Gold Futures
255 2 0
CRI's WDB Option model has been suggesting gold             and metal stocks were oversold and ready for a bounce. Price action itself has turned bullish of the 'yellow stuff' and now has a Weekly 'Bot' Long working from the 1316 area. Stops at this point are now at break even and will move to 'trailing' should the 1385.74 level be touched. The ultimate target off this 'setup' is Point D (of the AB=CD price pattern) or 1443.30 area where open orders should be working to take profits.
'Stop to trail' should have been hit ($-18.67) on so exit this long position at $1424.63 on 08/28/13 for profits of $108.31 per contract.
Reply
08/23/13: move 'Stop to trail' level hit (1385.74).
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