Loading ...GLD EW…
I always want confirmation from my OWN technical analysis anytime I follow a projected EW pattern…
Per PUG EW, GLD is currently at “PA” ripe for a pullback
My DUST 60 chart possibly confirms this “PA” TOP…
Remember, and I EMPHASIZE, every other “projected” path is taken lightly UNTIL confirmed with my own TA…
Also, the HUI made it to 236. 250 was our projection for any substantial correction. Close enough?
Looks like we’re only half way to PA? I only studied EW for about 3 mo. B4 deciding it seemed useless until after the fact but the current pattern in gold seems like a halfway pattern upward to me and so it’d be consistent with the EW chart??? I am biased lol.
GLD recent high was 123.96 so this fits with the “PA” top of 123.50 zone; now expecting a retrace to 111.87 before going to 143.04…That’s how I read it?
Just adding a contrarian view here on the board; not trying to be a PIA 🙂
Well, thats interesting because I am on the look out for a quick trip to 1243. Dont think its coming but your # matches mine. :o)
oops. think i am looking for 118 pos. 111.87. wow. hope not!