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Buying Some Gold at 670.60

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I went long gold as it is retesting former resistance turned to support at the 671 area. This is a low-risk spot to get long as I think there exists a strong possibility gold and the metals have put in a short term bottom. In my last blog, I highlighted the 671 area as a key Netto Number. My short term target on a reaction bounce for this move is 678. I am also looking to add into this at 665 as phasing in is very important. I go over this in more detail in my audio blog at www.osoktrading.com
Submitter: JohnNetto JohnNetto (Ideas, comments)
Categories: Futures, Stocks
  1. 0 Buys, 0 Sells rate down rate up
    It's amazing how things change in a year isn't it.
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