More downside on GLD expected… EWO hasn’t achieved price divergence yet on 2HR Chart….

Maybe we get a Gap Down on Monday or Tuesday???  Gold 1178 hasn’t been tested yet!!  Dollar looks set to move up to finish a Wave 1.  Gold Yen Ratio needs at least one more lower low per the EWO although a near term correction is due (but needs more time)…..

0529_GLDUpdate