Gold has just bounced off the 0.382 level of the fibonacci retracement. Will it break down to the 0.5 level or are we looking at potential for a huge buy?
Let me know your thoughts
After breaking the ascending wedge we flew straight back in it as the FOMC hike rates by 25 basis points. We hit the top of the wedge once more at 1957, is this the final push that gold needs?
It's inevitable that we will see 2000 again, the question is how long will it take?
Share your thoughts!
