Gold Revisted…at resistance

Hey gang,

Over the past months we have talked about the bullishness of gold and it has made a major run.  The run has been such that I pulled all my gold positions yesterday and am debating puts.  Below is the chart on with my reasoning.  A pullback into the 80-82 dollar would be reasonable.  Don’t get me wrong,  I am still a long term bull on gold, but figure I can get back in after the pullback.

gld

Happy Trades,

Jeff

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