PUG Stock Market Analysis, LLC

Elliott Wave Technical Analysis and Commentary on the Stock Market

June 1st, 2016: GLD Wave Count Update

Posted by pugsma on June 1, 2016

2:20 pm EST:  I’m looking for PB-CB expanded flat wave to end around the 114.50 pivot.  The 38% retrace is at 113.95.   For the PB low, the PC wave should head up for the 137.50 pivot going into the end of the year.

GLD 4-hr chart:

PUG GLD 4-hr 6-1-16

GLD daily chart:

PUG GLD daily 6-1-16

GLD weekly chart:

PUG GLD weekly 6-1-16

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