Friday, April 20, 2007

GLD (Gold) Breaks Resistance



Finally GLD closes above resistance! Today all the metals were higher with Gold up 7.5 dollars, Silver up 22 cents and Copper up 2.40.

I'm looking for GLD to test the high from last year which comes in around the 72 area at which point I'd like to take profits.. We'll see how things work out.

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