Monday, April 6, 2009

Long Term Trade – Setup - GLD

GLD - 2009-04-06 122938 - 1w

  • GLD is looking to test the 40EMA Support Level
  • Instead of using the 40EMA as Entry, I picked a round-number of $84.00 instead.
  • Protective Stop is another round-number of $88.00
  • Target is $72.00 and below.

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