Gold has moved higher of late, pushing up on fears from Europe and the possibilities of inflation ahead. Technically, the SPDR Gold Trust (ETF) (NYSEARCA:GLD) just hit a key gap fill. This gap fill represents a point where gold should pull back. The level on the GLD was $173.60 and can be seen in the chart below. A short term pull back on gold is likely off of this master gap fill.
Gareth Soloway
InTheMoneyStocks.com
ETFs