These are all signs of some short term weakness. We do see support right near its 50-day simple moving average ($16.40 a share), where a gap also exists to provide a cushion on the downside.
A break below the $16.40 level could take IAU down to its breakout level ($15.25), which now also coincides with the long term trend-line. Longer term strength would be in jeopardy if it broke this key trend-line.
iShares Gold Trust
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