The pretty yellow stuff

GLD- Nearing the top of resistance and its down channel.  Resistance is at 110.60 and 113.  Looking at the indicators for set up for a trade, the Stoch has giving a weak sell signal and MACD has failed to move above zero.  GLD also has two gaps that have yet to be filled, the first one is more likely to get filled then the gap at 100.  Look for weakness if GLD breaks 108.63

DZZ- Double inverse gold, looks exactly like GLD but more bullish.  Which it should since it is an inverse etf!

Here is Market Clubs take on GLD

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