Gold is trying to decide if it needs one final pull back or not.

I must admit that the recent move since Nov 5th looks more corrective than motive so far.  Short term traders will beware the potential for a gap fill and then reversal which, if it happened, could take GLD down to $105 which is about the center of his expected range per his original chart shown in this post.  I'll need to see a strong break above that gap before I can get too excited about the near term trade on M+M.