gld 9-6b

gld 9-6a

gold 9-6a

Looks like we started a new daily cycle uptrend last week. We have a ways to go yet. Question is will we break out to all time highs or do we need one more correction after this advance is done to make it happen.

Once we do break out to new highs from here we should be good to go to about GLD 150. That corresponds to about $1550 in gold.