Last week Gold broke out of a trading channel... that's a sign but GLD is still inside a .
If it will break higher, the next potential Sell Zone will be at the completion of a pattern (pink).
In such scenario 130$, which act as resistance right now, will turn to potential support and therefore will be the first target zone.
#weeklymarketsanalysis on twitter
Next target zone, if it'll break the channel, is 118$