Monday, March 2, 2009

Still Looking for Gold Bottom

Posted by Ryno On March - 2 - 2009 10:02 pm

http://www.pick24.com/wp/?p=731

Yesterday, I posed the question of whether or not gold had hit a temporary bottom and was positioned to move back up. Well, it definitely wasn’t ready to move back up today. GLD is still in a free fall with fewer and few buyers coming to the table.

My GLD pullback target is now $87 - $88ish

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