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Another Gold Analysis

About 2 weeks I gave you 5 reasons why gold is a bad investment, but that doesn’t mean you can’t trade it for short-term gains.

Typical of gold, the 1,000 point mark is acting like a brick wall. The commodity just cannot get past it; however, we know it will keep trying. That is why it is a good time to play the pullback of gold. The chart shows us a nice head and shoulder type pattern developing, and right now gold looks to be at the breaking point.

Some stocks/ETFs to consider include: GLD, AUY, NG

Below is a video that details how to trade this run of gold. View video – Gold … time to look at this market again.

Gold Video

More on this topic (What's this?) Read more on Gold at Wikinvest
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