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June 11th, 2014: GLD Wave Count Update

Posted by pugsma on June 11, 2014

12:15 pm EST:  Below is are the updated GLD charts and wave count.  Looking for GLD to stay below 123.53 and then move lower to re-test the 114.50 flat bottom of the descending triangle for wave major [D]-P4-CA.  From the 114.50 pivot, GLD should then move back up the 130.5 pivot for complete major [E]-P4 later this fall before P5-CA drops below 100 going into the year 2015.

GLD 60-min chart (mid-day):

PUG GLD 60-min chart MD 6-11-14

GLD 4-hr chart (mid-day):

PUG GLD 4-hr chart MD 6-11-14

GLD daily chart (mid-day):

PUG GLD daily chart MD 6-11-14

GLD weekly chart (mid-day):

PUG GLD weeky chart MD 6-11-14

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