I have a feeling these could appreciate over night. You will have to be VERY nimble to enter this trade as it may require it be closed on the open.
It still looks like it needs to pullback before we get the bounce I'm looking for, but from what I see, I think GLD will make at least a small move higher.
THIS IS A VERY SPECULATIVE POSITION.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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