SPDR Gold Trust
Short
Updated

$GLD short term top in $260-148 target on the downside

255
GLD looks a bit extended here. I could see the possibility of GLD falling back to the $260 support at a minimum and maximum all the way down to $148

The $209 support would be the 50% retracement of the recent run. I like that as a level for a bounce.

Let's see where we end up.
Trade active
Alright, think it's time here. Getting 2D and 3D strong sell signals and price just broke down out of a topping pattern.

Took 9/19 $278P

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