Love the tight action of GOLD near the all-time highs...also outperforming AMEX:SPY YTD
would go long above today's high AMEX:GLD AMEX:GLDM
GLDM trade ideas
Start of Bullish Play on GoldGLDM 1hr price close above 9SMA in an up trending market pattern. 9 above the 20 above the 50 above the 200 and 200 positive slope. New 'stimulus' on the way which only devalues the dollar making the price of assets increase to the loss of dollar value. Will see where P&L stands at end of week before deciding to continue, increase or close position.
AMEX:GLDM
