APosner

$GLD may have a little rally but lower prices ahead 06-05-2014

AMEX:GLD   SPDR GOLD SHARES
Gold             rallied nicely on today's ECB news but lower prices are still ahead. As the stochastic approaches and moves oversold I expect sideways consolidation ahead followed by another selloff. There is no bottom for gold             here and a better entry short will come soon.
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