Friday, March 8, 2013

GLD Update

GLD / Gold was hammered at the open on the weaker dollar, but has since re-gained all of the losses and gone green, this may actually be good news for the position, when Wall Street invests money in to something like accumulating a position, say GLD for instance, they defend it, of course taking out stops is all part of the game for them. We'll see how GLD looks in a bit, for now though, an impressive comeback,

GLD intraday

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