Thursday, June 26, 2008

Gold Explodes Higher!



Well folks, as you know I've been bullish on gold and today we got an explosive move to the upside! Gold was up over 33 dollars today for the spot futures contract. The head and shoulders bottom I've been writing about forecasts a move to the $100 level for GLD. We'll see what happens. What a day!

2 comments:

AL said...

Just wanted to let you know from someone else that makes their living trading the markets. I really enjoy your insights. Keep up the good work.

Kevin said...

Thanks Al

DISCLAIMER

This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Trading and investing involves high levels of risk. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise.
 
Google
Technorati Profile Finance Blogs - Blog Top Sites