View on GLD, GOLD, BLING

See GLD chart. As mention, pull back may happen, and it looks like it starting now to work off some overbought level. The volume is low, so this pullback may not last long and we go back into our uptrend channel. MACD is favoring a pull back as well with that blackline going a bit down, but it may just be a bump before going higher. See how it react, maybe a good dip buy. If fall off the channel with volume, it may affect the medium trend.

Short term: Bullish (this may be a good dip buy before going higher, since volume is too low to matter, profit taking from yesterday maybe)