Technical Analysis Blog | PUG Stock Market Analysis, LLC

PUG Stock Market Analysis is here to help with Gold technical analysis, stock analysis and more. Read our technical analysis blog to learn more today.

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

Sorry, the comment form is closed at this time.

 
%d bloggers like this: