Saturday, April 4, 2026

October 30, 2009

Back to Gold

I recently noted being on the sidelines in relation to the precious metals: gold and silver. I added exposure to the metals today. I am using a stop below yesterday’s low in the GLD and gold futures.

Gold

Gold


Categories: Precious Metals, gold, silver, trading

2 Comments »

  • [...] I am short the big C–the former largest bank in the world. Citigroup - Daily Yesterday, I noted that my stance had changed on the precious metals. I am positioned to take advantage of a move [...]

    Pingback by Market Rap 30.October.2009 | Trade the Picture — October 30, 2009 @ 9:15 pm

  • [...] was long gold last year. Recently, I noted the yellow metal in a range. Now, I am a raging bull on gold. The new high in gold is akin to the new high internet stocks–EBAY, YHOO, AMZN, et.al. circa [...]

    Pingback by Trader Art - Gold | Trade the Picture — November 3, 2009 @ 10:59 pm

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