GLDG 4 Year Falling Wedge, Cup Handle breakout w/ Diamond Bottom

Aug 1

Looking at the Monthly Chart, the falling wedge pattern becomes clear, with clean break and possible cup & handle in play.



The diamond bottom on the 4 hour is shaping up nicely. Look for a break out sometime later this year.



The bands are beginning to twist on the 4 hour, daily, and monthly. Weekly still has upward momentum.

Above the 200, trying to confirm the 200 support and it will be off to the races.

Price Target: $2 - 2:50, could go as high as $3.50