A Quick Note on GLD, GOLD ETF…

GLD has made a nice run up since late December 2009 when we first pointed out the possibility of going LONG in the
article “Prepare to Add GOLD to Your Portfolio Before Too Late!“ on Long & Short Investment. We still believe GLD will retrace back to the upward support line so let’s wait patiently before jumping on the Gold bandwagon again to maximize our profit.