Has retested the breakout level and has initially held the $82 level but so far today it has just lost it.
I have added in the white fibs levels to show where support can come, paying particular attention to where the 200 Day Ma is moving to, up to the 0.5 Fib, potentially a strong support level here.
This is a fan of many large investors, so for some reason they have decided to build a position here this year as a possible safe haven.
I ageee that there is one more leg possible as shown.
Gareth Neary
2024-04-24 20:42:18 +0000 UTCLyndon Richards
2024-04-24 20:38:05 +0000 UTC