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[ATTACH] Fibonacci seems to have some common supports and...

  1. setfire2thehive
    3,909 Posts.
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    08/08/19
    14:53
    Post #: 39926092
    GXY weekly.PNG

    Fibonacci seems to have some common supports and resistances.
    Interestingly bounced almost bang on the last one.

    Resistance right were its at and the next tentatively at 1.45. smoothish sailing afterwards to 1.8.

    I'd be interested for a trade if it breaks the downwards wedge. Statistically they do break upwards.
    Whole sector is facing similar breaks on the charts - suggests a sector wide move may be imminent.

    Good luck all.

    SF2TH
    GXY Price at posting: $1.25 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 38  Upvote
    lightbulb Created with Sketch. 8  Great analysis
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