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Tuesday, March 6, 2012

$GLD: EW relabel. Continues it's way to target: 141.7, as an wave 3,down.

Yesterday we post the alternative wave 4 wasn't reached yet, but it was with only a 38.2% of retracement which could mean that wave 3 is strong down.

Thursday, March 1, 2012

$GLD: Wave 3, down, as forecasted on Feb 7?. Target: 141.7

As we posted on February 7, GLD seems to be in a wave 3 dow. We continue with our forecast intact.

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