GLD - Perking Up!GLD is starting to perk up and the second of the flag patterns on this bull run looks to be ending and starting the next leg up. Look back to the prior bull run from 2009 to 2011 and you will see 6 such flags (and maybe more). The impulse leg that started this summer and ended in September took out three prior green peaks and over shot the fourth peak (yellow) before consolidating back at the highest of the three green peaks. The impulse leg that appears to be starting now should make it to at least the orange peak before some backing and filling is necessary. To confirm the current impulse leg is legit, I would like to see a close above $143 on GLD. MACD and RSI very favorable. 2020 should be one heck of a ride. Fed on hold and low interest rates should be favorable to gold and other commodities. Inside the metals space I like GDX, SLV. PAAS, and NEM as long term plays. Miners showing solid strength and both PAAS and NEM have been very strong the last month. I would trade NUGT at very overbought and oversold conditions for those that need the extra juice. Outside the space I like RIG and X as log term holds and I also like SIEN and VSTO but the latter two still have to convince me they are legit. I expect big things over the next 12-18 months for these stocks, There are some watchlist items as well including CWH, AOBC, and maybe good old GE and M. Can't predict the future but I much prefer the charts of the names mentioned than those of AMD, AAPL, SMH, and all of its ilk. Only time will tell but a reversion to the mean appears to be upon us and long overdue. Merry Christmas traders!