But before that, it could test 1898 (38.2 Fib of the drop) and then go down.
Observation is the path to discovery.
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Disliked{quote} I believe Gold is going to bottom around 1790 (50 Fib) or 1830 (38.2 Fib) then to 2000 and higher. But before that, it could test 1898 (38.2 Fib of the drop) and then go down.Ignored
Disliked{quote} I believe Gold is going to bottom around 1790 (50 Fib) or 1830 (38.2 Fib) then to 2000 and higher. But before that, it could test 1898 (38.2 Fib of the drop) and then go down.Ignored
DislikedHi All. Hoping you can educate me here. Why did we see the sudden drop in the gold price yesterday? Surely the unemployment claims number would have put some doubt on future interest rate hikes by the Fed and would have been a bit more positive for Gold? Just when I think I understand the dynamics driving Gold my account gets knocked again Thanks and apologies if this is a rookie question.Ignored
Disliked{quote} Thtank you, Babayaga for your heavily technical insight! So it could go down to 1823, that's a good place for finding value and start a rally to 2000 again, otherwise 1800. Lower than that and we are in a possible reversal againIgnored