For those of you in the gold racket, this chart looks ominous. After an especially rough second half of 2013 Gold staged something of a first-quarter 2014 rally. That looks to be over. I understand most of us here gain exposure to gold through futures, but I like this ETF for gauging market sentiment over a longer term than the ephemeral ticks of the gold futures game.
In the pre-market GLD is down 35-cents or .29%. Gold futures are up 1.00 or .08%.
