TMCnet News

iShares COMEX Gold Trust (IAU) Bullish Technical Alert - Trend Up 22.7%
[November 23, 2009]

iShares COMEX Gold Trust (IAU) Bullish Technical Alert - Trend Up 22.7%


Nov 23, 2009 (SmarTrend(R) Spotlight via COMTEX) -- iShares COMEX Gold Trust (AMEX:IAU) is trading 1.5% higher (up $1.73 to $114.69) today on volume of 218,549 shares. The stock has breached its 52-week high of $113.14.

iShares COMEX Gold Trust is currently above its 50-day moving average of $103.40 and above its 200-day moving average of $94.78.

SmarTrend is bullish on shares of IAU and our subscribers received an Uptrend alert on July 20, 2009 at $93.44, which has returned 22.7% to date.

Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html

[ Back To TMCnet.com's Homepage ]