Saturday, November 7, 2009

Gold Reversal Pattern Now Flattening


On 10/29 we had a reversal pattern give us a long entry at 102.05 when GLD broke a 2 day high with good momentum on the 60min chart. Now it looks as though the trend is flattening out and i will be looking for a pullback or a possible reversal pattern for a short on the 60min charts for a swing trade or a day trade at least.

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