By Ben Turney | Wednesday 12 March 2014
Disclosure: The author has a short position in one or more of the shares mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I could live to regret this call, but I’ve just gone short gold. At $1,367/oz it triggered my sell signal, just above crucial MIDAS resistance. This trade is a test more than anything, so I haven’t gone in too heavily. I’ve always found validating my ideas requires money on the table, but this is a definite leap of faith.
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