Wednesday, November 7, 2012

UGL Charts

UGL was closed at about a 1% profit or really break-even, it looks like a pullback is probable, but it does look like that pullback may be a buying opportunity.

 3 min negative

 5 min negative

 10 min negative, this looks like a pullback, there's no reason to hold UGL during a pullback.

 30 min positive, this should be a constructive pullback, it will likely provide a buying opportunity long gold.

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