The buyer at $1300 and $1200 will be adding this to his post-it note collection of “things to do later”
The impressive rebound continues knocking through the 61.8 fib level at $1471.
We’ve been as high as $1485 so have officially taken out the level and peaked over the upper short term trend line.
We’re back below both levels meaning we’re running into decent selling. We need to break and hold above here for the push to $1500 where we may well have the first of the big sellers and those caught on the drop coming in.