Gold

Barely a sell-off yesterday, market cooling off now When you can get a 3 point sell-off these days on the S&P 500, you might want to consider it a generational buying opportunity as stocks rarely do anything but go up these days. 

While the SPDR Gold Trust (GLD) is having a solid day of trading today, there is some developments that should be of concern for you traders holding a long position in it.  Now, I’m not saying to short it right here, right now. Far from it, because it could easily breakout to new highs in

Huge support underneath SPDR Gold Trust (GLD) right now which is what immediately attracted me to this bounce setup. Maybe it doesn’t hold but it has such a clear level of support, that if it does not hold, I can get out of the trade with a minimal loss.  If the trade works, then the

Gold and precious metals in general have been a darling of the market so far this year, and I’m sure by writing this post, I’ll get some angry tweets, and messages as a result.  But hey, I am here to read and follow the charts, not make people feel good about their existing long positions.