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December 5th, 2017: GLD Chart Update

Posted by pugsma on December 5, 2017

5:00 pm EST:  GLD price hit a new 3-month lot today at 119.72, slightly below 119.78.  GLD price is now dangerously close to confirming a major break-down per the alternate (blue) wave count.  A break below 114.80 will confirm the blue wave count.

GLD 4-hr chart:

Gold Technical Analysis

GLD daily chart:

Gold Technical Analysis

GLD weekly chart:

Gold Technical Analysis

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