$Gold -  Struggling at its 62/Fib

    Posted by SaharaCharts on 28th of Jan 2020 at 03:51 pm

    $Gold - 

    Struggling at its 62/Fib retrace, see if the 4hr/Blue can hold it...

    Mrkt/Hrs Divergent high 'Spinning Top' at the Uppr/BB Yesterday looks ominous...

    Recall use the Daily 4Hr MA's for tighter trailing stops...

    I hold no hopes for

    Posted by junkie on 28th of Jan 2020 at 04:06 pm

    I hold no hopes for the .61 fib. number. $gold has not traded technically recently, it may follow $silver down. Or $coffee or \cl to exceed its .61 fib level. I would welcome this scenario to buy lower.  FWIW.

    Edit. $gold should post a seasonal high in February before the 10th.

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