It will be difficult for GIld to continue the rally against a major trend down, first sign of selling will create panic for longs
its building on the inverted HnS pattern, lets see if it follows through with a breakout..
well the flag consolidation has turned into a sell off... next support seems to be the 200 MA
bleeding should continue after a strong move down w/ sideways consolidation..
The huge increase in volume during consolidation (even though it broke out further on the upside) has me leaning towards a cautious side. I have seen multiple stocks fail after breaking out!!!