PetrifiedForrest

Short GLD until $162

Short
AMEX:GLD   SPDR Gold Trust
Short GLD till we hit 162, then long!

Seeing more down side in gold for the next week or so.
Comment:
gld is approaching resistance today. Gold gaped up over the weekend. It will mostly fill the gap by friday and continue consolidating around $160.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.