As I alluded to in this morning's note, I have gold support at $911. Now that I bought it back, I'll tell you my short term upside target is $964.
Selling my gold in June was an unacceptable mistake. I am not in the business of making the same one twice. I am thankful to have been able to buy it back on a down move today.
*Full Disclosure: I own gold again (via GLD) in my personal fund.
KM
(chart courtesy of stockcharts.com)
Selling my gold in June was an unacceptable mistake. I am not in the business of making the same one twice. I am thankful to have been able to buy it back on a down move today.
*Full Disclosure: I own gold again (via GLD) in my personal fund.
KM
(chart courtesy of stockcharts.com)
