Friday, October 15, 2010
Gold (GLD proxy)
It will also be healthy in a bigger picture to get a retrace to the SMA's 50 and/or 200. All a matter of perspective. But gold is on a technical rampage and anyone in disbelief of this is clicking heels as opposed to considering facts. That is because fundamental facts, some of which are riffed upon in this morning's previous posts, are undeniably bullish.