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.



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2 comments:

  1. Anonymous12:23 PM

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

    ReplyDelete
  2. Anonymous12:44 PM

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

    Eric
    Milwaukee

    ReplyDelete