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EliteTrader101
Jun 4, 2014 11:29 PM

Is gold going to shine this year for the seasonal? Long

SPDR Gold TrustArca

Description

Some buying has come in on the high volume pin bar, but we need new buyers to push prices higher soon or else it may break lower. I've clearly marked where all the stops are and if we can get above this weeks' high on big Volume then we may have to chance to test the the level where prices broke down at 125 or possible above if we get enough buyers on Bullish fundamental news. I'm currently long the gold miner OSK.to because it is stronger than gold.
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