AMEX:GLD   SPDR GOLD SHARES
627 4 1
Don't know about you guys but ,the chart couldn't be clearer than that ! Entering a short IF 166.27 is broken.
Do you mean a divergence pattern?
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Hey Dgloba, apologies for the long delay, just saw your message.For this Chart Iwasn't looking for divergence. I just saw a pattern ( the double top) in the price movement and the MACD. So I see the pattern repeating itself again, and i'm expecting the same outcome ( based on past price movement). If i was short , i'll have a target between 155 with a stop @ 170
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At this point , I'm covering 75 % of my short. 
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Closing this position . Gold at support
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