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CRInvestor

Weekly Gold 'Bot' Long working fr. 1316.32; stop currently at be

Long
Futures Oro (COMEX:GC1!)  
CRInvestor  
COMEX:GC1!   Futures Oro
0
2
CRI's WDB Option model has been suggesting gold and metal stocks were oversold and ready for a bounce. Price action itself has turned bullish of the 'yellow stuff' and now has a Weekly 'Bot' Long working from the 1316 area. Stops at this point are now at break even and will move to 'trailing' should the 1385.74 level be touched. The ultimate target off this 'setup' is Point D (of the AB=CD price pattern) or 1443.30 area where open orders should be working to take profits.
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