My intent is to buy Gold at every signal buy signal opportunity as down the road it is more than likely that the US Dollar will sink and Gold rise as we (US) continue to carry and add more debt, or print more money.
Sunday, January 22, 2012
Buy Signal on GLD 1/22/12
Looks like my trading system gave a buy signal on IAU end of last week and a buy signal on GLD last Friday after close. I took a starting position based on the IAU signal and now will place a market buy order to add some GLD Monday morning. IAU and GLD are both Gold ETFs.
My intent is to buy Gold at every signal buy signal opportunity as down the road it is more than likely that the US Dollar will sink and Gold rise as we (US) continue to carry and add more debt, or print more money.
My intent is to buy Gold at every signal buy signal opportunity as down the road it is more than likely that the US Dollar will sink and Gold rise as we (US) continue to carry and add more debt, or print more money.
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