AMEX:GLD   SPDR GOLD TRUST GOLD SHARES NPV
Good day folks,

I reviewed my mid-term view on gold , and I think that it is pretty obvious that the metal will shine this year. As per the title, I expect 5 to 10% upside for the year. We gonna see later if the stock reverse at 128 and close under the red line (resistance 1). In such case, GLD would be in a triangle. If it breaks out, the channel will be my guide.

Thank you,
I'm feeling the same. How far though above $128 do you wait for a solid signal it will follow the channel?
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tipere445 ItsWilder
@ItsWilder, I'm gonna look for a monthly candle to close under or above the red line after it breaks out.
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