A lot of what I do is keeping people on message, to remind them that in the short term there will be irrational movement and to always remember the big picture and the larger count.
Subwave movements can be wild but this Primary Impulse Wave has been in place since the Day the market shut down in March 2020 and has not looked back since.
Price is retesting the $30 level again and we know it is an important level to confirm as support, price has been flirting with this level since April now.
I have no issues with that, I just need to see the price above $30 until the US market corrects, everything above this level is a bonus and the chart is showing a lot of potential.
I have added in the white Fib levels to show where support can drop to if $30 is not held and we can see that 200 Day MA is in between the 0.618 Fib and 0.78 Fib levels, a test of this MA and holding and I will have to add here again.