June 19th, 2014: GLD Wave Count Update
Posted by pugsma on June 19, 2014
12:15 pm EST: Updated GLD charts below. The P4-CA triangle continues to slowly unfold over the past year. It looks like wave major [D]-P4 bottomed at 119.42 and major [E]-P4 is now headed for the 130.5 pivot to complete the P4 triangle in the fall of 2014. P5-CA should make fresh new lows below 114.46 in 2015/2016. The P5=P1 target if 98.84.
GLD 4-hr chart (mid-day):
GLD daily chart (mid-day):
GLD weekly chart (mid-day):
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