View: Gold_DailyWeekly_FibTargetHit_July202015.jpg

Gold_DailyWeekly_FibTargetHit_July202015.jpg

Asian traders dumped gold on their RTH open Sunday night (9pm EST). 

This push sent /gc beyond its daily chart fibonacci target beneath #1 (1096.40), falling all the way to 1080 before reversing the sell-off. 

On the weekly chart, gold nears the bottom of a down channel it's been within since Mid-March 2014

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