$GLD lower after Friday's pop, return to 180 by Oct Expiration

GLD had a nice pop this week, but overall trend and positioning remains downside. Expecting a drift lower toward 175's put support before bouncing after 9/22 expiration toward 180+ into mid-October expiration. Follows the Gann Fan perfectly.

Order avbruten:

Bounce didn't occur - yet. I'm expecting with greater volatility and banking risk, we should see this pop soon enough, but I'll need to redraw this.

Trade stängt: målet nått:

The bounce occurred in a big way to come right back to trend. Close trade.