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FriscoTrades

$GLD Gold looks good for a bounce

Long
SPDR Gold Trust (AMEX:GLD)  
FriscoTrades  
AMEX:GLD   SPDR Gold Trust
Support and Resistance Supply and Demand Pivot Points Gold GLD Metals XME Silver goldbugs
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supportandresistance supplyanddemand pivotpoints gold gld metals xme silver goldbugs
I went long debit spreads this morning on GLD, looking for mean reversion to 21DMA at the least

Technically bulls have stepped in right where they needed to prevented further breakdown and defending the 157 zone support line that's played as a major pivot zone for 2+ years now.

Quick move to $162 is first PT



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