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July 20th, 2015: GLD Wave Count Update

Posted by pugsma on July 20, 2015

6:30 pm EST:  If GLD can hang in at the 100.50 pivot, then the primary (red) count for Cycle A (CA) low and strong rally to a Cycle B (CB) rally to 143-153 could still play-out over the next year.  If the 100.50 pivot breaks then GLD is likely headed much lower in the alternate (blue) wave count to the 82 to 66 area.

GLD Daily Chart (mid-day, 7-21-15):

PUG GLD daily MD 7-21-15

GLD Weekly Chart (EOD):

PUG GLD weekly chart EOD 7-20-15

GLD Weekly Chart with Indicators (EOD):

PUG GLD weekly with Indicators EOD 7-20-15

GDX Weekly Chart with Indicators (Mid-day):

PUG GDX weekly chart with Indicatos MD 7-20-15

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