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Takeaway: Gold is up 19% year-to-date. Buy gold between $1250-$1265.

Quick Take: A Good Spot To Buy Gold | $GLD - gold bar

What do you do with yesterday's pullback in Gold prices?

Here's analysis via Hedgeye CEO Keith McCullough in a note sent to subscribers this morning:

"GOLD – especially if you haven’t been long it yet, good spot to buy some down here in the $1250-1265 range with immediate-term upside to $1305-1310; short Copper on the other side of it around $2.10-2.15 with downside to the YTD lows; great way to stay with the reality that global growth hasn’t 'bottomed.'"