Monday 18 April 2011

SPDR Gold Trust

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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