That's the problem Pal, GLD is bucking the world...contra to what it normally does. With Kim Jong-un threatening to rearrange my coastline in the next day or two, GLD should be posting new highs. But it's not.

IMO...This is a technical correction. GLD is overbought. Those who came late to the GLD game, frantically buying the spike, are the same players fearfully dumping. EMOTION. You can smell the fear.

Fear = Short...until we see a floor under her. Then we reload.

Just my thoughts...

OG