This week was a perfect reminder about the importance of Institutional Buy and Sell Fibonacci Zones, which were in play for 5 days during different times in the markets.
The only exception was Thursday morning when S&P was frozen in correction, but Gold was not (scroll to the last 5 min. to see the powerful conclusion).Trader who knows when not to trade: was not wasting time babysitting correction on S&P, and instead had opportunity to take advantage of the Powerful Rally on Gold.
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