GLD Potential Trend Reversal

Reasons I believe a potential trend reversal will arrive soon:

• Price has pulled back into 50 Day Moving Average
  
• Previous day's market hours opened with a gap lower and a push of buyers that failed to move the price much higher
  
• Price is hugging the trend line, seems to need only a little push to break through
  
• The Daily chart stochastic momentum index shows buyers beginning to lose control
  

I will wait for the trend line break, followed up with another bearish candle, looking to enter around $13.50 area, with an initial target of around $12.50, with a stop just above the second trend line I drew.