Monday, December 21, 2009

GLD 60 minute


Wave count and stochastic primed for reversal up in GLD


Allan's trading notes

Let's keep it simple and say that as long as 106.60 - 106.80 support holds, that GLD's decline is about over.  If instead GLD breaks below 106.50, then look out below.



2 comments:

Anonymous said...

Gold will be a buy q1, just reported on cnbc. Markets will grow 3% to 5% in 2010.

Anonymous said...

You mean CNBS? I used to watch CNBC when it was a real financial news network.

Eric
Milwaukee