Gold - Fibs and Big Money GOLD FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) COMEX:GC1! ryan-snk Gold bounced off the .38 macro fib extension from the last major bull run and the 50 day EMA . Target to sell is the .50 fib level above at $1,886. Closing below $1,689 could trigger a washout sell off but, even if there is, $1,600 is the floor. Established by the major players shown in volume . I'd triple down at this level if it even gets there.