GLD will never see 93.50 again.GLD will open at lower resistance 90.40 if it holds that until 9:35 this board is blessed for the longs.So the smart ones will be out of GLD between 8am -9:35 eastern time.GLD by Monday or Tuesday will test lower resistance of 87.45 GLD may then retest 90.40 and head right back down to retest the low of Monday or Tuesday of 87.45 if it breaks that 85.00 is the next resistance and next 75.00.I can see as low as 75.00 within 4 to 5 days.It may happen quicker than that but those points of resistance will be seen on any chart because once they are breached you'll see a quick acceleration downward. GLD COULD OPEN AS LOW AS THE 87.45 AT THE 8AM MARKET ON MONDAY SO GOOD LUCK TO ALL.IT MAY TAKE AS LONG 2 WEEKS TO GET TO 75 BUT THAT'S THE LONGEST TIME FRAME AND BEST SCENERIO FOR THE LONGS.WORST CASE IS THIS MAY HAPPEN IN 2 OR 3 DAYS !!!!!!! After Mondays volitile trading I could give a more detailed chart for this week.
Well I love traders who are calling details in advance. We usually get I traded so an so yesterday. Your either an idiot or a genius. You can laugh at me 'cause I am not moving my gold position one once.