GLD Update

GLD continues its slide... GLD is now down about 3.5% in the last 2 days.

 The 15 min chart shows the bigger picture and was negative at GLD's highs.

However, the short term intraday picture on this 1 min chart suggests a bounce in GLD, which you may want to consider as an entry point for a position in something like DZZ, however, my preference would be to cautiously phase in to the position, adding as the trade moves in your favor.