Triple 000 and Sub-penny Chart Plays

[trader53]

GOLD - Gold / News / Charts / Targets




________________________________________________________________










https://www.barchart.com/futures/quotes/GCG20/news

https://www.barchart.com/futures/quotes/GCG20/overview

________________________________________________________________



Gold Charts


https://www.kitco.com/charts/livegold.html


https://finviz.com/futures_charts.ashx?t=GC&p=m5

https://finviz.com/futures_charts.ashx?t=GC&p=h1

https://finviz.com/futures_charts.ashx?t=GC&p=d1

https://finviz.com/futures_charts.ashx?t=GC&p=w1

https://finviz.com/futures_charts.ashx?t=GC&p=m1


________________________________________________


Junior Gold Miners

https://finviz.com/quote.ashx?t=GDXJ&ty=c&ta=0&p=m







_________________________________________________________________




_________________________________________________________________

Fibonacci Numbers

http://www.stockta.com/cgi-bin/school.pl?page=fib

Fibonacci Retracements

* Golden 61.8% Retracements

* Moderate 38.2% Retracements

* Common 38.2% Retracements


Fibonacci Retracements

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:fibonacci_retracemen

________________________________________________________________


Fibonacci Numbers
are commonly used in Technical Analysis
with or without a knowledge of Elliot Wave Analysis
to determine potential support, resistance,
and price objectives.

The most popular Fibonacci Retracements are
61.8% and 38.2%


61.8% retracements
imply a new trend is establishing itself.

38.2% retracements
usually imply that the prior trend will continue

38.2% retracements
are considered natural retracements in a healthy trend.

Fibonacci Retracements
can be applied after a decline
to forecast the length of a counter-trend bounce.

________________________________________________________________

The 50% retracement is not based on a Fibonacci number.
Instead, this number stems from Dow Theory's assertion
that the Averages often retrace half their prior move.

50% retracement
implies indecision.


________________________________________________________________




________________________________________________________________





________________________________________________________________


Live! Gold Charts





_________________________________________________________________






_________________________________________________________________






_________________________________________________________________






_________________________________________________________________






_________________________________________________________________