GC Daily time frame hit the Fibonacci Limit. It will be a good idea to wait for a bearish pullback and look for buying ideas when the daily time frame is at a low price with a projected limit towards the next Fibonacci Extension.
The GC daily time frame is in an up trend. The
market is making higher highs and higher lows. The
market just hit the daily up Fibonacci extension
price point 1871.6. According to the research the
market has a high percentage chance of forming
a high price and pulling back. It will be a good
idea to wait for the market to pull back near
the daily up trend line before turning to the one
hour time frame and looking for buying ideas.
The GC daily time frame is in an up trend. The
market is making higher highs and higher lows. The
market just hit the daily up Fibonacci extension
price point 1871.6. According to the research the
market has a high percentage chance of forming
a high price and pulling back. It will be a good
idea to wait for the market to pull back near
the daily up trend line before turning to the one
hour time frame and looking for buying ideas.
