Trade Idea DGP (long)

GLD has been showing improvement and a few things are standing out. Again this is probably a bit early so I am easing in to these positions a little at a time as I suspect the base could be larger then it is now.

 GLD 5 min has improved significantly today

 So has the 15 min chart, which is more important.

 DGP 10 min is coming along moving toward a leading positive divergence.

 And DGP 15 min is already there.

 The head fake we see so often before a reversal, appears to have happened today, taking out support.

Here's the intraday view.

So I like DGP as a way to play gold long. I'm still leaving room to add on any weakness.