For Gold Traders, a Fibonacci Road Map | Rick's Picks
If the people responsible for pushing and pulling the gold price (to levels they arrogantly and illegally deem fit) are handcuffed to some degree, maybe the Fib numbers won’t matter as much as they once did. Or is that wishful thinking? … This ‘V’ shaped recovery coming after the big crash stikes me as a classic set up for an even bigger fall. Having a bull market revamp after such a short but devistating bear trend never happened before. …
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