Trade Alert: IAU GLD

Gold has had a nice run and become short term overbought on a technical basis, but the fundamentals of lower interest rates delayed the impending retracement. Don't listen to Cramer, he is trying to set you up. If they cut 75 or more the traders will short into---rather than add on--- the FED meeting. We will likely be stopped out of our long GLD and be left short on IAU.