1. Sell GoldThe chart below shows the trading range of the SPDR Gold Shares ETF ( GLD) over the past two years. Gold has twice failed at $1,000 resistance, and an ideal put on a short position would be near $1,000. The closing price on Friday was about 6% below that level at $941.50. Selling gold may not be so contrarian. It was just reported that the analyst consensus year-end price for gold is $918, down 2.5% from Friday's close. If I were to make this trade, I would look for an entry above $960. If gold continues to rally above $960, I would try to follow it higher before shorting. If gold surges through $1,000 in the coming weeks, before I put on the position, I would call off the entire idea until I thought I could see a possible top. Note that picking tops in gold has been very tricky; recent downward reversals have been violent.