Gold ETF (GLD) price pushed back into uptrend channel again last week.

The price broke out from the previous triple Top area 139-140 range on March 1, and has been stayed around that area since then.

The price action was bullish and it is likely to stay inside uptrend channel for a while.

A small pullback may be unavoidable. But as long as the key area 137-136.50 holds up, the current uptrend remains intact and 144 level will be the next target for the rally.

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GLD Daily chart