July 13th, 2022: GLD Chart Update
Posted by pugsma on July 13, 2022
One Response to “July 13th, 2022: GLD Chart Update”
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SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue
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Posted by pugsma on July 13, 2022
5:25 pm EST: There is good possibly that should GLD (Gold ETF) has completed the Cycle 5 (C5) wave in a failed P5 at 193.30 in March of 2022. However, it will take a break below 131.15 to confirm this.
GLD daily chart:
GLD weekly chart:
GLD Historical Chat From 12-19-2013:
This entry was posted on July 13, 2022 at 5:22 pm and is filed under GLD. Tagged: Elliott Wave Technical Analysis, Gold Technical Analysis. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
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Joe Schmid said
Very interesting. Could this failed P5 fit with Bitcoin taking over some of the role that Gold traditionally fulfilled?