Fibonacci impacted Gold’s 10-year rally, could it block Amazon’s progress this time?
From Kimble Charting Solutions Blog January 28, 2013 - 9:44am
CLICK ON CHART TO ENLARGE In the Summer of 2011, the Power of the Pattern reflected that Gold was facing key obstacles, which was its 261% Fibonacci extension level at the top of its 10-year rising channel at (1). I shared that this resistance could be a tough nut for Gold to get past and [...]
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