April 24th, 2014: GLD Wave Count Update
Posted by pugsma on April 24, 2014
12:55 pm EST: The GLD Wave count is right on schedule. It looks like wave major [B]-PA-CB may have bottomed today at 122.84, which was just above the 62% retrace target of 121.8. The major [C]-PA wave looks to be underway with a minimum target of [C]=[A] at 142.07. However there are higher targets which correspond to an IHS target at 150.57 and 50% retrace of target of 150.15.
GLD 60-min chart (mid-day):
GLD 4-hr chart (mid-day):
GLD weekly chart (mid-day):
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