iBankCoin
Joined Nov 29, 2008
329 Blog Posts

Gold Update II: Criteria Met, Buy Stops Executed

The GLD did what I had anticipated and buy stops were triggered in the following today:

1) GLD – $114.10
2) IAG – $16.41
3) GG – $40.92

Here was the first Gold Update written yesterday: http://ibankcoin.com/chart_addict/2010/04/26/gold-update-i/

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18 comments

  1. dizzles

    CA,

    You using close below 20 sma as stop on GLD position? I am in at similar price and seems logical with that level providing support over last week.

    Cheers.

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  2. DanishGUY_Mucus

    Thanks for the update. I also took positions in GG and IAG today.

    I have chosen to play the gold prize by shorting the 2x leveraged bear gold ETF DZZ.

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  3. Leo

    Excellent Gold play and past Casino play. Please post more swing/positional trades.

    Thanks

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  4. The Chart Addict

    Bought $GS 157.02

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  5. The Chart Addict

    Sold $GS 157.02, no followthrough yet

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  6. kaputer

    bought SNSS 1.21, then it ran to 1.23 , pullback to 1.18 and now 1.19-1.20, no follow through yet

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  7. Mike

    Mind the channel on /6E, break below the lower trend line and im in for a short (assuming /SPX confirms the move)

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  8. The Chart Addict

    $GLD is hanging out, my swing $IAG and $GG are flying. U got gold??

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  9. Pissant

    AVNR ready to go! Bought at 3.24, just initiated buy and $9 PT…. hasnt been disseminated very well yet.

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  10. The Chart Addict

    DNDN halted

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  11. Purdy

    keep an eye on BEAT

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  12. The Chart Addict

    Bought $PALM 5.83

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  13. The Chart Addict

    Sold $PALM 5.84, taking too long

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  14. Purdy

    VLO – potential swing long set up today

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