nvrstpexploring

2007-2011 Retracements XAUUSD

FX_IDC:XAUUSD   GOLD / US DOLLAR
47 0 2
Each bullish wave from 2007-2011 experienced a major retracement after months of gains. The average retracement fell between the .382 and .5 fibonacci zones. The first and last wave experienced a .886 retracement.
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