Gold is catching a nice bid here, up over $11. We already know cycles point higher … so here’s my latest technical chart analysis:
Let’s take a light long position. I recommend buying shares in ProShares Ultra Gold, symbol UGL.
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For ALL Members: Using 3% of the funds you have allocated to this trading service, buy shares of ProShares Ultra Gold, symbol UGL, at the market. Place a good-till-cancelled protective sell stop at $31.39. |
Go ahead and get this order in.
Also, hold TMF and your shares in SPXS. Bonds are starting to rally, good news for TMF, while the stock market appears to be very close to rolling over to the downside.
Stay tuned …
Best wishes,
Larry
