A retracement should not be confused with a reversal, which is a change in the larger trend. Gold is surging, indicating a long-term trend change. Traders can use the extension levels as an area to focus on for a target area. Learn about a number of various technical indicators traders and analysts use to define and confirm the existence of a bull Losses can exceed investment.
How Reliable Is the Fibonacci Retracement in Predicting Stock Behavior?
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