Gold coming up to 3rd Fibonacci bounce
Simple fractal moves down. Each Fibonacci reracement level since 2.06k we have seen a significant bounce to test bear movement down and continue retracement (12345)
I expect to see a similar move now we are sat at the 0.618 retracement level.
Check comments for updates, daily seeing a possible swing low forming right on the 0.618 line which could confirm move up, tuesdays close will be the candle to confirm swing low. expecting atleast a move to 1788 if confirmed to test a breakout at top of channel.
Just a Salmon
Ideas are not gospel
I expect to see a similar move now we are sat at the 0.618 retracement level.
Check comments for updates, daily seeing a possible swing low forming right on the 0.618 line which could confirm move up, tuesdays close will be the candle to confirm swing low. expecting atleast a move to 1788 if confirmed to test a breakout at top of channel.
Just a Salmon
Ideas are not gospel
Waiting for swing low to be formed to confirm bottom of wave 5 at 0.618 fibonacci level. wait and see Tuesday close!