demonic42
Short

GLD: Bounce it or Break It

BATS:GLD   SPDR GOLD TRUST
150 1 0
GLD             Testing Key Support here at 117.20 - 117.50 range. We break under 117 tomorrow and 114's could be a magnet.
We did saw a previous bounce couple weeks ago where we bounced from this level, wait for confirmation and short away!
It is officially on my watch list :)
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