PUG Stock Market Analysis, LLC | Technical Analysis Blog

PUG Stock Market Analysis is here to help with SP500, QQQ, IWM, Gold technical analysis, stock analysis and more.

«
»

July 1st, 2013: GLD Wave Count Update

Posted by pugsma on July 1, 2013

12:00 pm EST:  It looks like wave (1) of minor 1 of major [1]-P5 is headed for a target near 123.0 to 123.50.  After wave (1) completes, I’m looking for wave (2) of minor 1 pull-back of about a 50% retrace to 119.0.  Ultimately, I have minor 1 reach the descending triangle break-down target near 130.0.

GLD 60-min chart (mid-day):

PUG GLD 60-min chart MD 7-1-13

GLD 4-hr chart (mid-day):

PUG GLD 4-hr chart MD 7-1-13

GLD daily chart (mid-day):

PUG GLD daily chart MD 7-1-13

GLD weekly chart (mid-day):

PUG GLD weekly chart MD 7-1-13

This entry was posted on July 1, 2013 at 11:57 am and is filed under GLD. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Sorry, the comment form is closed at this time.

«
»
 
%d bloggers like this: