Friday, October 19, 2007

Gold Follow up

Before, from my post in July


After,

Back in July I Posted a call to get long Gold based on a daily and weekly chart. It hit our first target very fast and has since rallied very hard.You can see the original chart and the current chart above. We are looking at an over $100 in gold, thats a HUGE move in the metals. Now is the time to take half off of your remaining position, let the final 25% ride, trail your stops Very tight on the final 25% as I think gold may be ready for a pullback.

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