Minor wave (A) appears to count complete after stopping just shy of the previous minor wave (4) high; a common termination for an initial counter-trend advance.
Expect GLD to now correct downward in overlapping waves to approximately 114 before launching higher in minor wave (C)...which should be the end of the counter-trend advance before resuming the larger trend down well below 90...
Expect GLD to now correct downward in overlapping waves to approximately 114 before launching higher in minor wave (C)...which should be the end of the counter-trend advance before resuming the larger trend down well below 90...
