Intraday movement /Gold

For now I'd watch the EUR/USD for any signs of a reversal or move to the upside, this would be market supportive,if you don't have real time currency charts, watch FXE for the Euro, you are looking for any move upo (market supportive) and you can watch UUP for the $USD (any move down would be supportive of the market). If the EUR/USD keeps falling, FXE keeps falling and UUP keeps rising, this will be very market negative.

I also suggest watching the NYSE intraday TICK Index...

 Draw a trendline under the 1 min NYSE intraday TICK ($TICK) and look for a break below the trendline, that should give you some early warning of a market reversal to the downside.

Also indicators like these, momentum, RSI (setting 6), MACD (settings 26/52/9) and Stochastics (50/3)  and look for any negative divergences in multiple intraday timeframes starting with 1 minute.

We also have a nice gain and gap in GLD so I'll be watching that as we have two open Call positions.