News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
RUSSIA AMASSING TROOPS ON UKRAINIAN BORDER after UKRAINE VOWS TO TAKE CRIMEA
RUSSIA AMASSING TROOPS ON UKRAINIAN BORDER after UKRAINE VOWS TO TAKE CRIMEA
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Gold Market Wire

News, analysis and commentary for gold traders and investors

Market Moves to First Fibonacci Retracement

February 28, 2020 (Gold Market Wire) - We've moved right to the first Fibonacci retracement level that we identified on Wednesday, and now we are hanging out there. This is what the Fibs can do.. show you what the magnet is, and where things might pause. Moreover, if the market crashes through the line... it often means it's time to look at the next one.

Here's the chart:

it might sound funny...but don't deride what works!

www.goldmarketwire.com

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