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August 2nd, 2015: GLD Wave Count Update

Posted by pugsma on August 2, 2015

1:10 pm EST:  GLD dropped to a 103.58 low this past week and needs to hold the primary count P5-CA (Cycle A) Ending Diagonal (ED) maximum of 102.07 to remain valid.  Below 102.07, GLD is likely headed to 93 then 81 to complete CC (Cycle C) per the alternate (blue) wave count.

GLD 60-min chart (EOD 7-31-15):

PUG GLD 60-min EOD 8-31-15

GLD 4-hr chart (EOD 7-31-15):

PUG GLD 4-hr EOD 8-31-15

GLD daily chart (EOD 7-31-15):

PUG GLD Daily EOD 8-31-15

GLD weekly chart (EOD 7-31-15):

PUG GLD Weekly EOD 8-31-15

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