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February 13th, 2014: GLD Wave Count Update

Posted by pugsma on February 13, 2014

7:40 pm EST 2-14-14:   Updated 60-min and 4-hr charts.

GLD 60-min chart (EOD, 2-14-14):

PUG GLD 60-min chart EOD 2-14-14

GLD 4-hr chart (EOD, 2-14-14):

PUG GLD 4-hr chart EOD 2-14-14

1:10 pm EST:  GLD broke the important 125.15 threshold confirming that the PC-CA bottom is in place at 114.46.  GLD is a wave (3) of minor 3 of major [A]-PA-CB wave up.  The target for minor 3 is a 127.10, where M3=1.62*M1 and the target for major [A] is the IHS target of 130.5.  Ultimately PA should reach the 150 to 158 area late in 2014

GLD 60-min chart (mid-day):

PUG GLD 60-min chart MD 2-13-14

GLD 4-hr chart (mid-day):

PUG GLD 4-hr chart MD 2-13-14

GLD weekly chart (mid-day):

PUG GLD weekly chart MD 2-13-14

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