GLD Update

So far the intraday timeframes are yet to confirm the gap up, remember it is a gap up and gaps have been relentlessly filled, that being said, I'm still not too concerned, there's a nice profit in the calls and I believe it grows.

Intraday futures for gold are starting to shape up before GLD so we may not fill the gap....

 GLD 1 min intraday is not confirming, this is why we have been seeing the leak off this a.m. that started pre-market, but where it counts...

Starting at the 5 min chart, we have good confirmation so I think it's just a matter of the intraday charts shaping up, I don't intend to do anything right now other than be patient.

Gold Futures are already starting to show an intraday positive divergence so we may very well leave this gap open for a bit.