Gold Trying To Make A Bottom
Jenny Rebekka | Dec 06, 2016 01:03PM ET
Gold continues to try and make a bottom. Investors are looking to pounce on the gold ETF (NYSE:GLD) but have no idea when to buy. I am here to reveal the exact time to buy. It is simple and something every investor can watch for. The time to buy gold is when the tracking ETF GLD breaks above the trend line, shown on the stock chart below. Once this happens, it will zoom quickly from its current price of $111.25 to $115.50. The break point on the trend line currently sits at approximately $112.00. So when the GLD breaks above $112.00, buy it.
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