XAGUSD SilverUSD Internal Fibonacci Patterns
At 6:01PMEST "White House tells airlines it may suspend all China-US flights amid coronavirus outbreak"
Has corresponded to the price move in silver, gold and potentially bitcoin.
Silver has completed an internal fibonacci pattern 50-23.6-61.8, and price bounced off the 61.8 fib level. Was it coincidence, or are the markets controlled by more than fate?
Previous Analysis
This is not trading/financial advice.
twitter CNBCnow/status/1222293526232412160
Has corresponded to the price move in silver, gold and potentially bitcoin.
Silver has completed an internal fibonacci pattern 50-23.6-61.8, and price bounced off the 61.8 fib level. Was it coincidence, or are the markets controlled by more than fate?
Previous Analysis
This is not trading/financial advice.
twitter CNBCnow/status/1222293526232412160
บันทึก
Despite the news event, they managed to knock out traders and push the price down, we officially hit the 61.8, and now we're back where we started.The last candle made a signal for reversal on the 1 hour.
บันทึก
The last lowest candle*บันทึก
check out the FOMC Press Conference January 29, 2020บันทึก
Fun Fact: Gold global production 2018 was 3,260 metric tons and Silver was 27,000 metric tons. This is a ratio of 1 : 8.28, the “price” ratio is currently 1 : 89
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