Here's the neat bit that started to become apparent as the dust settled and Gold consolidated over the last two days of the trading week: basis current "front month" December contract pricing, from last year's low (1053) to this year's high (1385), Gold's settling out the week yesterday (Friday) in the 1258 handle was spot on the perfect Golden Ratio retracement. Our ole buddy Leonardo "Fibonacci" Bonacci, he's in the middle of the three black horizontal lines in this view of Gold by the week from last year's low through this year's high:
BDR Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held
