Gold Breaks Short-Term Support. Here’s What To Do …

Issue #3

Dear Member,

If you acted on my recommendation yesterday to buy the SPDR Gold Shares (GLD), you will be stopped out this morning as gold has now broken short-term support. Wait for further instructions coming later this morning.

If you did not act on the recommendation, do NOT buy GLD now. Instead …

CANCEL your existing order to buy SPDR Gold Shares, symbol GLD, at the market.  And also CANCEL your stop order to sell SPDR Gold Shares, symbol GLD, at $127.17, STOP.

If you acted on my HAT alert to buy physical gold, that is a long-term buy, so nothing needs to be done there. If you did not act on it, feel free to buy that small stake in physical gold this morning.

Stay tuned,

Larry