Just one take on $GLD. Possible confluence of resistance. $GC_F
Just how my eyes are seeing this. For me the short term pattern looks bearish with an inverted cup with handle pattern. Also there is a confluence of down trend line resistance as well as Head / Shoulder neckline extension resistance.
Above 1360 this looks more bullish, below 1275 and gold could crash back to for another retest of the 1200 round number.
Above 1360 this looks more bullish, below 1275 and gold could crash back to for another retest of the 1200 round number.