Wednesday, September 02, 2009

Quick Note: Gold on the Rise


Gold has been on my radar since the recent blog posting. Note the breakout in today's trade. This looks like a promising swing trade to the upside if we can sustain the move above the prior high in GLD the 95 area. A nice way to trade breakouts is to wait for the first pullback, see if the reversal runs out of steam, and then use that as an entry.
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1 comment:

Steveo said...

Suggestion: Dr. Brett, I didn't see a search function on your blog. I use one on my own blog just to find things, please consider adding this gadget as you have so many great resources.