PUG Stock Market Analysis, LLC

Elliott Wave Technical Analysis and Commentary on the Stock Market

September 1st, 2016: GLD Chart Update

Posted by pugsma on September 1, 2016

12:45 pm EST:  For the primary (red) count GLD still looks to be targeting the PC=PA= 137.14 are for completion of the Cycle B (CB) wave.  Alternatively (blue), GLD may have peaked the CB wave at 131.15, but it will take a break below 115.20 to confirm.

GLD 4-hr chart:

PUG GLD 4-hr MD 9-1-16

GLD weekly chart:

PUG GLD weekly MD 9-1-16

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