Wednesday, 11 November 2009
Short Gold No More
I got stopped out of my short gold bullion position this morning. Seeing as how the market moved against historic patterns, this kind of development can sometimes suggest an unusually strong trend. I might look at opportunities to go long with a discretionary trade. Mind you, gold stocks and silver aren't making new highs like bullion is. That kind of divergence is not a good sign for the sector. Hope you're doing well this week.