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Saturday, January 14, 2012

GLD Updating EW count.







The two carts above are an update of our EW count posted on december 13,2011 as we show below. Price is moving as expected.We will continue looking closely this charts.


Tuesday, December 13, 2011


GLD EW Count update.Gold and markets falling join?



Yesterday we post an alternative and bearish EW count. Seems like things are going in that direction.
My first thinking was that we are calling for a market "big" fall and how could our count be correct?.
Today, things are more clear? for us because, IF market falls, then euro falls? so, dollar rises and so, gold falsl.You understand?,we neither, but that's what our charts and our sistem is saying so...whatever!


This is a closer EW count with a daily chart in one year timeframe.

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