Another bounce on the $2100 support level this weekend, first in August, then Sept, again last month and this weekend, this is also the 0.618 Fib too.
Price bounced strong yesterday after Trumps announcement and even went above the 200 WMA at $2475
Now we have the pull back and we need to see a higher low next to confirm that this is the start of a new impulse wave and Wave C is finally complete, so I have added in the fib support levels to reflect this.
A hold between $2310 - $2252 will be the target support range.
A reminder that I added yesterday under the 200 WMA at $2400
Mark
2025-03-03 18:43:35 +0000 UTC