GLD, W

٢٨ فبراير ٢٠١٢

Beautiful setup. I suspect that Gold will probably break it's current ascending 1/2 angle soon and find it's way back down to the main ascending 2/1 angle by following the blue arrows. However, another test and a break of the $185-ish area could very possibly lead to a $222.75 target (+50% of 148.50 - red arrow).