Today we shorted gold via the SPDR Gold Trust ETF (GLD) at $160.71 a share at 9:45 AM EDT in our Real-Time Alerts. Gold's long-term TAIL line of resistance was tested and tried (and failed) on the bounce today. Our long-term view of the great Commodity Bubble remains a big Hedgeye Macro Theme.

TRADE OF THE DAY: GLD - Unknown 1