DislikedAlright
I feel I should post this here now, specially for those who still feel GU can and has the potential to go up again.
- GU follows fibs religiously, this is a fact
- Problem is which kind of fibs, this is a million dollar question, because once you have the answer to this and you have over a period of time worked hard to find the answer, you will always make money trading GU
For today
- The basic move is for 1.6224 just above last month high
- Here, I do expect some kind of support to take us back into 1.6417
But
[list][*]If...Ignored
now
- provided 1.6417 continues to hold as resistance, i am still bearish.
- but if it breaks, then ................ just trade what you see on the charts i am not an astrologer