Index/Equity: xau: 5-22-07: Trade Update

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  • Index/Equity: xau: 5-22-07: Trade Update

XAU (Gold/Silver) is doing good. Our Sept long call is $55/contract profitable at this time.
We have an alert set at the .886 Fib. value to determine whether we should exit out of our trade at that point or let it continue to 1.270. We will let the charts tell us what to do.
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