2015 Guesses for GLD

[ScalperJoe]

I would like to see the U.S. dollar at 95.00 plus, the Euro at 1.01 minus, and gold trade lower to 1002.00 for a buy window.

GLD bounced off the November 2014 low, around the 110 area. FOMC rate decision and further volatility in the S&P could spike gold up from this level. However if it drops below the November low then the 1,000 area probably looks good for entry, or 100 for GLD.

 

[Buy1Sell2]

Purchased Jun Gold at 1171.10. Initial stop is 1135.00