The Project Z GLD signal is currently flat having booked some nice gains (shown below).
Below are the results of a Project Z scan of GLD over the past 16 months. There are a number of impressive metrics here including the max # of consecutive losers on both the long and short sides . . 1. The balance between the longs and shorts is also attractive. Considering that most systems I've looked at recently are (understandably) skewed to the long side, this is a rather refreshing pattern. With an average of almost 90% profitable the Project Z scan looks like it has great potential for tracking the GLD.