Tag Archives: rehedge
Busier, busier…put gold hedge back on
Posted on Dec 17, 2009 by WHC Bassetti.
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30 minute chart of gold. We lifted the gold hedge yesterday based on this chart. We’re putting the hedge back on today based on this chart. We keep telling readers to invest not trade. See what a hassle it is? We didn’t re-hedge silver and platinum. Whether or not the current pattern forming in the metals is a flag or not remains to be seen.
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Noted technical analyst WHC Bassetti has over 40 years' experience in the financial markets and is Malcom S.M. Watts III Adjunct Professor of Finance and Economics at Golden Gate University. He is editor of the Ninth Edition of Technical Analysis of Stock Trends, widely considered to be one of the true classics of market analysis.
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