jamespwu

GLD monthly perspective

AMEX:GLD   SPDR GOLD SHARES
48 0 1
GLD             , got hit hard 3 days in a row. The monthly tells us that the first real support is around 110ish. So I will still short on a bounce or just put on a longer term trade. I was short the GDX             etf and long GDX             puts, but closed out Friday due the fast 3 day sell off.

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