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Cornmeal1972
Aug 10, 2013 11:45 PM

Looking for next leg down in GLD 60m Short

SPDR Gold TrustArca

Description

I don't think this rally is finished at 126.87. Looking for GLD to reach 128.81 and then I'll be looking for an opportunity to sell.
Comments
BigFritz
If we break the down trend line (127.18) then I see much higher then 128.80 no resistance until 130.12, but should blast through that to 132.80 range to fill gap from mid June IMHO.
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