The 200 Day MA has been breached and the 0.5 Fib has also been beaten. The PM is showing $63.92 right now. We have had Wave 2 hitting the 0.618 Fib level at $59 for a number of months now and we've all waited and watched this.
It is exactly in the Wave 2 zone now between the 0.5 Fib and 0.618 Fib, so we will be watched for signs of reversing now.
KeiraD
2023-05-25 19:41:07 +0000 UTCJeff Akrawin
2023-05-24 13:20:17 +0000 UTC