Sharing important support and resistance Fib levels to watch for
High levels
1 $ 2079.60
2 $ 2280.93
Low levels
1 $ 1813.88
2 $ 1731.80
3 $ 1649.71
4 $ 1532.86 (apr 2024)
You can take these levels and place a Fib retracement tool between them to get more granular on say a daily or 4hr chart.
I'm labeling Elliott waves with the expectation/prediction that we will have a ending ABCDE as the 4th wave and 5th wave to $2280
As of now, wave C of (4) has retraced 50% , which is a characteristic of a wave 4, but it hasn't travelled sideways enough in my opinion, thats why I'm going for an A-B-C-D-E as the 4th wave - to eat up more time.
As of now, Mar 15, 2023 we are having banking issues, war, all kinds of stuff. I know all the gold bugs want gold to $3000 tomorrow, but I think it'll not happen as fast as many are saying.
High levels
1 $ 2079.60
2 $ 2280.93
Low levels
1 $ 1813.88
2 $ 1731.80
3 $ 1649.71
4 $ 1532.86 (apr 2024)
You can take these levels and place a Fib retracement tool between them to get more granular on say a daily or 4hr chart.
I'm labeling Elliott waves with the expectation/prediction that we will have a ending ABCDE as the 4th wave and 5th wave to $2280
As of now, wave C of (4) has retraced 50% , which is a characteristic of a wave 4, but it hasn't travelled sideways enough in my opinion, thats why I'm going for an A-B-C-D-E as the 4th wave - to eat up more time.
As of now, Mar 15, 2023 we are having banking issues, war, all kinds of stuff. I know all the gold bugs want gold to $3000 tomorrow, but I think it'll not happen as fast as many are saying.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.