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Gold – Take Profits Now!
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Gold – Take Profits Now!

Gold – Take Profits Now!

by The MoleSeptember 23, 2011

If you are a sub you probably remember my point & figure chart on gold I posted a few days ago:

That was warning No. 1 – I then followed up with this on the 18th:

Well, the train was about to leave the building and I hope you sold a contract or two (or played GLD puts). Our bearish price objective was 1690.

Well, we’re at 1640 now and thus it’s time to call it a trade – get out now – we have banked enough coin. And as I’ve said – i’ll drag you rats kicking and screaming into learning how to trade P& charts. The pay off is worth the effort.

Have a great weekend!

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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