GLD held inside the Ascending Triangle that has formed on its Daily Bar Chart:

And one of the most reliable indicators on MetaStock, Martin Pring’s Long-Term Momentum Model, has remained (for now) on its buy signal.

The BAD news: The second most reliable MetaStock indicator I’ve used, Bill Williams Fractal System 1, gave a Sell Signal Friday.

Gold may be attempting to put in a bottom here, but it has a lot of work left. At any rate, a close below 1,196 in December Comex on Monday will send me to the sell-side once again.