It is quite a trading stock. There is a floor around the high thirties and some technical resistance at the high forties. It is not a bad range. Don't buy and hold it.

An ETF of the producers. GOLD has had a lid of $1560 or so. This ETF has been flat like the commodity for some time. There is a seasonal time for it over the next two to three months, so continue to hold it during this time in case of a break out.

He bought it when it had been trading sideways for a long time. Then the sky was the limit and he remains bullish on this one.

(A Top Pick May 1/18, Up 4%) He bought it for the low volatility for the summer. This is a defensive position.

(A Top Pick May 1/18, Up 5%) It is a contrarian play this summer. It was so over sold that he felt it could get back to $55. You might get a total of 10% this summer and are up 5 so far.

(A Top Pick May 1/18, Up 2%) It is a bit of a longer play. This is an index but is doing what he likes. It is a slow grower. He may hold this for a while but when the trend breaks he will get out.

It is attempting to break its downtrend and to base. You want to see it break $15. If it does that and stays for a couple of days you could step in.