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$IAU - Short Gold

Short
iShares Gold Trust Shares of the iShares Gold Trust (AMEX:IAU)  
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AMEX:IAU   iShares Gold Trust Shares of the iShares Gold Trust
Trend Analysis GLD IAU SPDR S&P 500 ETF (SPY) short
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trendanalysis gld iau spy short
This is a really simple trade. Here is a weekly candle chart showing nothing but weakness. Gold failed to breakout on any time frame. Now, it is threatening two plus year support.
If the support breaks, and only if it breaks, take the short side of the ledger. Ticker: $IAU iShares Gold Trust.

Idee correlate

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$GLD Testing Resistance Again.
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$GLD Decision Time.
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