Friday, February 5, 2016

[GLD] update

Backlink.

I think GLD put in 3 of 1 today and that early next week it back tests the top of the falling wedge below into wave 4.  Buy that backtest IFF it only consists of 3 waves even if it breaks slightly back into the channel for a short period of time.  It would be best though if it just approached the top of the channel and didn't breach it.

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