EvanMedeiros

Gold getting ready for a run back to the March highs?

Long
AMEX:GLD   SPDR Gold Trust
After consolidating for 1 month around 180, Gold is making its second attempt to break out and run higher. The longer term trend is in Gold bulls favor and so is the current macro environment. If it fails in the short-term, it's worth keeping an eye on for the bigger picture move up.

Evan Medeiros
Founder, Trade Risk
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