On reader asked about SGX's SPDR Gold Trust. J invested some money in the SPDR Gold Trust. As at 18 April 2010, it hit a high of $145.05. J feels that it will come down in the short term as it is now hitting the resistance level. Nonetheless J believes that the long term outlook for gold is still bullish.
J credits CIMB for the software used to draw the above chart.
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