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January 5th, 2018: GLD Chart Update

Posted by pugsma on January 5, 2018

3:30 pm EST:   GLD price continues to follow the primary (red) count upward to the major [C]-PY-CB target at the 137.50 pivot area.   It looks like minor 1 of major [1] may have ended at 125.85 and a 50% Fib retrace to 121.65 is for the minor 2 wave is likely next.

GLD 4-hr chart real-time link:  http://www.freestockcharts.com?emailChartID=4f7941ec-3410-4a05-b399-fc120e741e05

GLD 4-hr chart:

Gold Technical Analysis

GLD daily chart:

Gold Technical Analysis

GLD weekly chart:

Gold Technical Analysis

 

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