Browse Symbol Stacks: /GC: 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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