ETF CORNER

GLD : The next two weeks for GLD

Update on my last post (Click Here)

Here is a zoom on what could be next for Gold in the two weeks ahead !

GLD : Gold "Crush" !

Funny how we flip from Gold Rush to Gold Crush within such a short period of time ! Gold is being rattled since the opening. I called for a top on GLD two days ago (Click Here) . It seems that i took two more days before the top materialzed. There is now a minor support near $128.50 that should provide a mini bounce followed by another bigger drop down to the $123 gap area where some serious support lies.

 

GLD : Will E. Coyote says we have a top on Gold today !

GLD is at $130.11 as I'm typing this. It's right on the long term resistance line. You see how in previous instances it happened to be an intermediate term top. Adding to this the post that I made earlier this morning I can't have any more arguments to tell you that we have made an important top on GLD today !!!!!!!

 

GLD : Breakout is near !