Disclaimer In these stock alert and chart analysis posts, I want to highlight a security that is on fire for some reason. Either the security's chart looks amazing and/or social media is going nuts about it. If you need a technical analysis refresher click here , and if you want to learn how I trade breakouts click here . Okay, let's get to work! ( click here for the last GLD alert and technical analysis ) Stock: GLD, SPDR Gold Shares. Long-term Weekly Chart Technical Analysis: GLD is attempting to breakout above the descending triangle pattern, which is bullish. However, GLD still has 3 more days of price action to close out this week's candle and GLD is at resistance now. That means sellers have better odds than buyers, which is obviously bearish. So while this action may be a bullish pop to resistance, I'm cautiously bullish until I can verify the quality of this breakout by Friday. Long-term Gameplan: