Watching for Gold backtest of trendline A

Watching for Gold backtest of trendline A

The fact that Gold has sold off significantly in the past few days is a sign that investors are fleeing the safety of gold for risk presumably in equities. Or Gold investors are realizing that a strong dollar is a reality and Gold prices can't go up forever. At any rate, Gold's uptrend is broken. If I can catch Gold on a backtest of trendline A, then I'll buy puts.

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