May 28th, 2015: GLD Wave Count Update
Posted by pugsma on May 28, 2015
5:30 pm EST: GLD looks to have bottomed wave (2) of minor C of major [W]-PW-CB between the 78%/88% retrace targets of 113.51/112.95. Wave (3) should be underway with a target at 127.88, where (3)=2.62(1). PW-CB should reach the 132-135 area later this year. Primary GLD wave count remains valid above 112.28 and if 112.28 breaks then above 109.77.
GLD 60-min chart (EOD):
GLD 4-hr chart (EOD):
GLD daily chart (EOD):
GLD weekly chart (EOD):
Sorry, the comment form is closed at this time.
