Like the previous poster said, there could still be more news to come to bolster the monthly candle to provide a different outcome. But at the present moment, it does look like we could take out $0.125 and head towards $0.115 or $0.120, there is a lot of confluence in support around those regions. Not only is there a lot of confluence, it would also represent putting in another higher low if we went to these levels. I'll provide updates when anything changes, we're still consolidating as far as I'm concerned.
gbz breakout, page-13
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0.8¢ |
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