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Sept 9th, 2013: GLD Wave Count Update

Posted by pugsma on September 9, 2013

10:10 am EST:   GLD has reached a decision point between the primary and alternate (blue) count here at the 50% retrace (134.68) from the recent high 137.55 to low 131.80.  It will take a break above 137.55 to confirm the primary count that minor 5 of major [1]-P5 is headed for 141.58 initial target or a break below 130.14 to confirm the alternate (blue) count.

GLD 60-min chart (morning):

PUG GLD 60-min Morn 9-9-13

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