RGLD triggered Long at Thursday's close: Oct $90 Calls Earlier this week I pointed out on my AllAllan Market Blog that although gold had been in a steep downtrend YTD, Royal Gold (RGLD) has been rising. At yesterday's close RGLD triggered a system Buy Signal. Although RGLD is not in our initial 40 stock basket of stocks, this is a signal I want to take. I see RGLD making new highs above $100 well before October expiration. In any case, gold is ripe for at least a bounce based on extreme bearish sentiment and no doubt it will take RGLD up with it.
