Gold and Silver Update

It looks like gold and silver (gold a bit more) are going to stage another bounce / consolidation. In certain instances where you have a decent profit, I might consider taking some of the profit off the table and trailing a stop, you can always add on the bounce failure.

 GLD 1 min

 GLD 2 min

 GLD 5 min-this is the one that has me thinking it may be a decent bounce.

SPY 5 min, also seems ready to correct a bit, however, GLD should see a bigger correction.