Weekly Silver Fibonacci

The people who think Fibonacci levels have magic powers might be interested in seeing this weekly silver chart that shows that price is just about to hit the 0.764 level.  That’s not even one of the main Fibonacci levels.  Also notice how price pretty much ignored all the other levels on the way down.

It’s funny how Fibonacci numbers only seem to work sometimes and no one can ever predict ahead of time when that will be.

silver fibonacci

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