Extension Bull Fibs on Gold show 2250 Target In Reach
Gold: 60 Minute, Fibonacci . . . I have much better bearing as to where and why this market is moving. All Month of March we have been trading an extension at the 38.2% line. We hit it's target on March 20th. Extension rules generally mean we trade the same anchor to new highs to get the retracement. We traded the retracement on March 23-24 and have been going up ever since. The objective for this new anchor is still higher, 2254.30.
Note
Target Hit.
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Message Me to Join My Private, Premium Telegram Signals Channel. Also available for private coaching and trading sessions. t.me/CeresTraderSignals
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.