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August 2nd, 2018: GLD Chart Update

Posted by pugsma on August 2, 2018

GLD Daily Chart Update:

Gold Technical Analysis

GLD Weekly Chart Update:

Gold Technical Analysis

4 Responses to “August 2nd, 2018: GLD Chart Update”

  1. pugsma said

    GLD is really following the blue wave count closely.

    Looks like some type of move up is due (wave 4 per blue), as there is building daily +DIV on MACD and had 114.50 pivot support.

  2. bobndusty said

    Wellll – It just bombed through both 114.42 and 113.91. What are your thoughts on revising the lower magenta line on the daily chart, so it is going to 107 faster?

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