Short setup at $179 on GLD

My attention has been brought the past couple days to gold. It still hasn't reached my lower targets and we're getting much closer to September where I think the guidance is suggesting a longer term low. I'm still learning though as all my ideas come from my work dowsing.

I do, however, like that it's been trending down into that date. There is a suggestion of some serious selling coming, so I want to journal this one. I'll look to get in short around $179 today, assuming it reaches it and my readings still suggest a reversal down.

I will give it 3 weeks, but don't think it's going to take that long to hit my lower target. That's it.