Gold breakout and runaway? Or more heartbreak and psoriasis…?

Posted on Sep 13, 2009 by WHC Bassetti in Letters

After being spooked by what looked at first glance like an exhaustion gap we followed good practice and set a stop instead of bailing on gold.  So far this is productive.  Now we have an up gap -- a bullish signal, in fact you could, if aggressive, add to your position.  Note:  aggressive.  Of course the new high is bullish also.

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