is currently in a weakening trend, which keeps the price positioning makes a lower high and lower low. Also if we look at the MA 50 and 200, MA50 and MA200 has been formed signal deadth cross signal and the position last price below the MA 50 (Strong bearish
). also currently GLD
has break the long term uptrend support line. I think GLD
is still able to continue weakening short-term weakening of the target circuitry to $ 100 as a psychological support.