Gold Drops!

Here is the drop in gold (GLD) below $117, but expect some buyers to come in again around $114. If and when that breaks, the fall can easily reach $100 in short order.
I’m playing this short via GLL adjusting position size to half to take account of the leverage in the ETF.

About Stock Trade Journal

The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders. This blog is also a way to share my experiences and observations in the market.
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