ikc7979

ikc7979

Confluence of trend line and horizontal resistence since August 2015. Possible PRZ between 1.12937 and 1.14425 Highly overbought market Short

ikc7979

Trend Reversal at 1.618 trend level, confluence between three levels of resistance: - 1.618 fib level; - Top Resistance for the past 4 days; - trendline resistance; Short @1.12765c

ikc7979

There has been fairly strong support/resistance at 1174.10 ( even over the previous few years) which will most likely be tested as GOLD goes down; there could be another retest at support near the 0.618 fib level at 1135.70 price level; the 0.786 fib level actually matches previous levels of horizontal support and coincides with diagonal resistance of the current...

ikc7979

Price is reaching diagonal resistance; Price has reached 1.618 fib level and shows signs of breaking trend; Price is above EMA 7 line. Short

ikc7979 Updated 

Reversal at 0.786 fib level; Extra diagonal resistance as confirmation; overbought market. Short

ikc7979

Price hitting support line; Fib Level 0.786 reached; possible reversal @1.3190c Long