GLD daily chart, not such to add, it
gapped out of its bull pennant today, should not surprise anyone,
that consolidation over the last few weeks looked bullish.
Overtime I do expect new highs in gold perhaps late this
year
GLD 60 min view, this is the view I've
been showing for a couple weeks now, the consolidation looked like
some kind of 4th wave pullback and now GLD is moving hier in its
5th wave.
GLD gold comments
Posted by matt on 21st of Feb 2012 at 01:55 pm
GLD daily chart, not such to add, it gapped out of its bull pennant today, should not surprise anyone, that consolidation over the last few weeks looked bullish. Overtime I do expect new highs in gold perhaps late this year
GLD 60 min view, this is the view I've been showing for a couple weeks now, the consolidation looked like some kind of 4th wave pullback and now GLD is moving hier in its 5th wave.
Thanks for the charts, Matt
Posted by frtaylor on 21st of Feb 2012 at 01:59 pm
Thanks for the charts, Matt - I think I will wait for an ABC in gold and then buy in.