Therefore 87-88 area is not only an extension of Fibo but is also simply a 100% retracement. Coffee C was the worst weekly performer this week -7.31%. We are outside the BB 4h so we will see on Monday
4h graph from Investing
There are some mistakes on this commodities performance weekly graph particularly on WTI and Brent (I don't know the reason but it is the only one I can find and I will not do it myself...). However Silver is still fine 23% in one month, 4.5% and +2% YTD and Gold/Silver ratio is now at 94 coming from 115 - 120.
So a one day performance graph (where Precious Metals were doing terribly bad) is not reflecting necessarily the whole picture...
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