There is enough bullish evidence to support this new long position in GOLD. Please be sure to review all of my notes, particularly the ones that pertain to risk management. Over the years this stock has had a tendency to follow the technical signals very well, especially the CCI.
See video below.
I’ve also attached a PDF file that highlights the plan for managing risk on this trade. Please be sure to review all of the material before entering any trades to your account.
Happy Easter and Happy Passover to all of you who are celebrating the holidays this weekend.