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The first BID to clear this 38.2 percent Fibonacci retracement on the fall from $2,438 to $2,130 has failed, and chances are good for the second attempt to succeed. The 50 percent retracement at $2,284 will be immediately available once the metal stands firm above $2,248. Support is at $2,203, a fall below which will extend to $2,174. No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses.