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  • Gold Hits Key Level, Here Is The Play 0 comments
    Nov 7, 2011 1:21 PM | about stocks: GLD, AUY, NEM, GOLD

    Gold has moved higher of late, pushing up on fears from Europe and the possibilities of inflation ahead. Technically, the SPDR Gold Trust (ETF) (NYSEARCA:GLD)  just hit a key gap fill. This gap fill represents a point where gold should pull back. The level on the GLD was $173.60 and can be seen in the chart below. A short term pull back on gold is likely off of this master gap fill.

    Gareth Soloway
    InTheMoneyStocks.com

    Stocks: GLD, AUY, NEM, GOLD
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