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July 9th, 2018: GLD Chart Update

Posted by pugsma on July 9, 2018

The red count looks like a major [B]-PY-CB completed as a flat wave (double bottom) of 117.40 with the major [C]=[A] target of 138.72.

The blue count needs to keep falling towards the 107.00 level in major [1]-P3-CC.

GLD daily chart:

Gold Technical Analysis

GLD weekly chart:

Gold Technical Analysis

 
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