2waytrading
Long

Will $GLD achieve PT2? No question PT1

AMEX:GLD   SPDR GOLD TRUST
154 0 1
A few weeks ago, I posted a couple of posts that we will see easily 119.42 at the time was trading 115-116 area and this level (119.42) was overhead resistance, and today was first day we closed above that resistance level since we hit the bottom for the year at 114.42 and a great level of entry for many investors/traders the question now is how far will it go from here. Expect some interruptions as we have seen last few sessions, but price keeps going higher and higher. Now, second over head target price is 121.79 area before we pull back and continue to see 126.32 area some time early November 2014. If you want to get a real time alerts try us http://www.2waytrading.com
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