Gold above 38% fib line alerted that a correction has started once it broke below the line.

Ross Clark compared the current action of gold with past historical data.

First the current status of Fib Fan lines. Has the correction ended here @ 16.4% correction???

Ross Clark’s 2/23/2016 report on Gold:

http://www.321gold.com/editorials/hoye/hoye022316.pdf