I'm sure most of you have seen this, but we have hit the 61.8% fib from the 3rd May high. which sits at exactly 12,208.
ps...I tell a lie, the 61.8% is at 212, not 208, but close enough. This is not to say that the price will fall from here, for apart from the level, there are no definite confirmatory signals as yet, but the money will have reacted to this level for sure, and so it remains to be seen whether it will be decisive and bring the price back down.
ps...I tell a lie, the 61.8% is at 212, not 208, but close enough. This is not to say that the price will fall from here, for apart from the level, there are no definite confirmatory signals as yet, but the money will have reacted to this level for sure, and so it remains to be seen whether it will be decisive and bring the price back down.