GLD

Put this on the watchlist. As you know, options are finally available on GLD and surprisingly, even though they're brand new, the spreads are relatively tight (about $0.10). And they trade at every point.

Check out the Open Interest around the Jul 90 Calls.

And of course the chart itself.

These continuation patterns, as you can see, generally resolve themselves in the direction of the overall existing trend but to reduce risk it's necessary to establish some sensible entry/exit points. i.e. a breakout above/below the upper/lower trendline and then a stop on the opposite side of said trendline. GLD will be something to keep your eye on ahead of this weeks Fed meeting and with regards to further inflation concerns.