Gold Gap

By -

Well, I’m not sure where Jack is, so I’ll put in a comment cleaner (although it isn’t total junk; this is actually a decent idea): I’ve been waiting for precious metals to close up their gaps. Gold has come close enough for me to take action, so I shorted GLD a little earlier this morning, and I’ve put 114.85 in place as my stop-loss price.

0324-GLD