Gold Gaps past Resistance

Blain Reinkensmeyer
Posted on Fri 24th Nov, 2006 10:39:35 AM

Take a look at Streettracks Gold Trust (GLD) because it has gapped this morning past $63 resistance and is currently trading in the $63.40s. Volume on the fund is already well over 5 million, and this means good things for gold stocks. High on the day for the fund is $63.68. I may pick some up in here looking for a hold into December.

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