Daily Chart
> Looks like PGOLD is forming a Possible Bearish Alt Bat Harmonic Pattern with Potential Reversal Zone (PRZ) at 49.If the Bearish Alt Bat will not materialize there is a bigger pattern that is forming which is a Possible Bearish Crab with PRZ at 54.61.
> Looks like the Median Line of Andrew's Pitchfork is serving as resistance.
> Support is at 47.50 ( 100% Fibonacci Retracement Level).
Relative Strenght Index (RSI) - Based on 30-Day Period
> RSI is currently at 63.50.
> Resistance at 63.91 (100% Fibonacci Retracement Level).
> Support at 60.82 (88.6% Fibonacci Retracement Level).
#Caveat
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Like us on Facebook : www.facebook.com/FibonacciTrader
Disclaimer: Not a solicitation to buy or sell. Use at your own risk. This is for educational purposes only.
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