THE GLD IS EXHIBITING ONE OF MY FAVORITE PATTERNS, A CONSOLIDATION ABOVE ITS MOST RECENT AREA OF RESISTANCE. SINCE THE BREAK ABOVE 120.50 IT HAS BEEN CONSOLIDATING AND LOOKS NOW AS IF IT CAN MOVE HIGHER. 119-120 IS NOW SUPPORT AND I FAVOR THE GLD 5/123 CALLS SELLING NOW @ $1.60 USING A SELL STOP @ 50% DOWN...OZ