Gold price has been falling for the past weeks. This looks bad on the chart. But fundamentally gold is improving. Central banks around the world like Europe, Japan, UK etc are still printing money. Fundamentally this should push gold price up in the next few months.
This is a good opportunity to buy Gold ETF (GLD) at $152. GLD is trading in SGX and NYSE.
Please note that this trade was sent to our students and subscribers on 15 May 12. Only our Learn Investing students and subscribers will receive our trade email on a real time basis.
Currently Gold ETF (GLD) is trading at 160.54. This trade is sitting on 5.60% profit now.
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