Gold News: Will the Up-and-Down Continue for Bulls?

Gold
Written by Mike Hammer

It’s been an up-and-down week for gold bulls.  Gold started the week below 1300, then popped it’s head above 1300 Wednesday, only to drop back down around 1295 yesterday. Cross-referencing charts it looks like GLD, our unleveraged gold trading proxy, is equivalent to 1300 right around 123.40.

As you can see…

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About the author

Mike Hammer

Mike Hammer has had a wide-ranging career, with trading and investing as continuing themes. Mike graduated with a business degree and spent years as a financial advisor, before moving to New York and to pursue a career in IT and education. For more than a decade Mike has been working with the Adam Mesh Trading Group as a stock market and commodities mentor. He’s trained over 200 individuals, spoken at several national conventions, and is a frequent contributor to educational webinars.

Mike writes The Gold Enthusiast daily newsletter, runs the Golden Hammer trading service, and participates in the Mesh Private Portfolio. He also keeps a position in international education which keeps him in touch with "the student mindset".

Mike focuses on the precious metals markets, the energy industry, and the financial sector. His motto is "Plan your trade, then trade your plan!"

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