September 24th, 2014: GLD Wave Count Update
Posted by pugsma on September 24, 2014
12:50 pm EST: GLD price should be ready for a strong bounce for the major [2] wave back to the 122.50 pivot, as major [1]-P5-CA comes to end here around the 114.46 pivot. Major [1] could have ended at 116.58. However, if the SPX makes another move above 2019 per the alternate (blue) count, then GLD major [1] might head for the 114.46 pivot before the major [2] bounce begins.
GLD 60-min chart (mid-day):
GLD 4-hr chart (mid-day):
GLD weekly chart (mid-day):
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