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February 19th, 2014: GLD Wave Count Update

Posted by pugsma on February 19, 2014

5:15 pm EST:  GLD completed minor 3 of major [A]-PA-CB at 127.75 and is in a correction for minor 4.  The 23%/38% fib retrace targets are at 125.39/123.86.  Once minor 4 completes, minor 5 of major [A] should reach the 130.5 resistance area, where minor 5=1.

GLD 60-min chart (EOD):

PUG GLD 60-min chart EOD 2-19-14

GLD 4-hr chart (EOD):

PUG GLD 4-hr chart EOD 2-19-14

GLD weekly chart (EOD):

PUG GLD weekly chart EOD 2-19-14

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