ETF Trading Gold Newsletter » Are Precious Metals and Indexes …

May 13, 2010   //   by Admin   //   Sell Scrap Gold  //  Comments Off

The price of GLD and gold appear to be going parabolic (straight up). The tough part about this type of price action is that large moves can happen in a very short period of time. But on the flip side, when the price reverses we tend to … Gold and silver should have a quick dip with buyers stepping back in on weakness. The SP500/broad market is a little more tough to call as last weeks market crash messed things up washing out all the stops in one day instead of weeks… …

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