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SPDR Gold Shares Message Board

  • ibdtrader ibdtrader Jun 20, 2013 9:55 AM Flag

    Moving closer to my buying level again...

    Last time I moved cash into GLD was when Gold was in the $870 to $925 range. I missed selling at the top when Gold touched $1,900 /oz, but cashed out at $1730. I've been waiting to do something with that cash since then and I would have never of dreamed Gold would fall back to these levels. I am thinking of moving some cash in, but don't want to grasp at a falling knife. Who else thinks Gold goes back to the $900 range? Or is breaking below the $1k wishful thinking?

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