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January 10th, 2015: GLD Wave Count Update

Posted by pugsma on January 10, 2015

1:35 pm EST:  GLD is threatening to break above 118.99 and confirm the alternate (blue) wave count that P5-CA has bottomed at 109.67.  It’s going to take quick turn-around here near 78%/88% retrace at 117.54/118.20 and move below 109.67 in order to save the GLD primary wave count.

GLD 60-min chart (EOD, 1-9-15):

PUG GLD 60-min EOD 1-9-15

GLD 4-hr chart (EOD, 1-9-15):

PUG GLD 4-hr EOD 1-9-15

GLD daily chart (EOD, 1-9-15):

PUG GLD daily EOD 1-9-15

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