Time for some simple mathematics that span across the scientific world. This week, we’re exploring just some examples of the “golden ratio”. * Enough of getting bogged down in the numbers, here’s ...
Gold is re-testing its 61.8% Fibonacci retracement once again instead of declining. Is it really bullish, though? I previously wrote that based on the similarity to how gold behaved after another key ...
Gold continues to press up into a resistance zone that has stalled the ascent since Monday. Support for the sharp rally is around the 8-Day MA at 2,322. It remains the most sensitive level to watch ...
First mapped by a merchant's son in 13th-century Italy, the Fibonacci sequence has become one of the most influential patterns in science, design, and technology. When you think of math, you might ...
Gold is re-testing its 61.8% Fibonacci retracement once again instead of declining. Is it really bullish, though? The 2012 Bearish Analogy Intensifies I previously wrote that based on the similarity ...
What Is A Fibonacci Sequence? Patterns are found all over the natural world. From the grasping tendrils of a plant to the dew-laden web of a spider, we can see repeated sequences as a product of ...
- Gold prices have continued to gyrate within a downward-sloping channel after setting a fresh yearly-high in late-January. Support thus far has held above $1,300; but short-term charts show a ...
After the 2011 top, there were three corrections to the 61.8% retracement. What we now see is the third move of this kind. Gold is re-testing its 61.8% Fibonacci retracement once again instead of ...