GLD Off to a good start

 GLD gaped up this a..m. to a +.75% gain. As you can see, yesterday GLD was one of the better performing commodities and vs the SPX.

 The 5 min chart has shown underlying support for a move in GLD, I have not expected this to be a big move, but along the lines of a swing move.

There was a positive divergence on yesterday's gap lower, thus far the short term charts are confirming the gap up.