gold will drop with markets, look at today.
I have so many times bought 6 months before a market top, thinking i could make money, some "safe" investment.
There is no safe investment, not even cash. But I once again lost money buying gld this time, last year, at 150. How could I lose? Did not sell at 170, as was going higher.
I think gld has major support at 130, will sell if it runs back to 150