Possible Bullish Pattern detected.
Note, I ran ran both Fib's here differently. Bottom/top and top/bottom.
I noted today, we had what I'm calling a "jumping Doji"...I looked for any fractal (similar occurrence), and then green circled both. There is a third - but it did not line up with a Fib .618 in any direction.
Sell the news.
Warren Buffett bought GOLD (the miner ticker). Everyone knows this.
I'm a fan of GOLD, but, my chart shows a sell the news event occurred, and importantly -- now a drop at resistance (the lower channel line).
I've been watching PMs and their 'Around The Apex' (not my term) moves this year.
Also have been noticing some Sine wave type patterns exactly like my auto repair diagnostic tool.
Possible Sine #2 and Around The Apex as we reach consolidation and compression.