If you are holding GLD, you should be aware of its technical circumstances (aka support and resistance). Gold overall continues to be attacked by bears and has yet to make headway since closing at a record high on December 2nd.
After a heavy distribution day sell off through $106 support ($1,060 equiv) yesterday, GLD has a high probability of making its way down to atleast $100. This area is not only the magical $1k equivalent of Gold, but it's also conveniently where the 200 MA resides, thus being a good target for support.
Overall I recommend staying away from the ETF (and gold stocks in general) until GLD regains control back above $106 (which is now resistance) and then the 50 MA thereafter.
Some Gold stocks to avoid right now until the tides can turn include ABX, GG, KGC, ANV, AUY, amongst others.
Stay frosty. 
