Gold - Looks Good

Paper gold, GLD ETF, sits above major gap resistance (12/4 breakdown gap). The importance of this price zone, highlighted below by the green box, is revealed by the number of price gaps within it. For now price remains contained within the 5/12 swing high and highlighted support zone. A retest of this zone on light volume will be a bullish setup. That which cannot go down with force will reverse and go up with force when time is right. The window of time is approaching.

Gold ETF (GLD):