DislikedThanks Decu for your thoughts on the Ichimoku system. Hard to disagree There are a few traders who are looking at the high point of around 10 April and a low point around July 7 and saying that where we are now, around 11700, is 61.8 pc retracement on fibonacci lines and they think this is the point at which recovery stalls Donchian channels on D1 (default 21 period setting) were nudged upwards once the price went above around 11650 and so were fractals at similar level (of a high point marked around 23 June) It's all a matter of probabilities,...Ignored
gold took a beating in the asian session......