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[autobot]

On March 21st we posted this:

http://www.traders-t...?...&hl=autobot

Today May 6th we sold our (GLD) position at $118 purchased at $107.40. A close tomorrow, May 7th over 1190 would be supportive for a breakout. But more important is a weekly close over $1225. Confirmed next week would bring much higher targets. We will address re-entry paramters next weekend if these weekly parameters are met. Till then, though bullish we see potential risk of sharp pullback.
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