jefftan

RANDGOLD : AT CRITICAL JUNCTURE

NASDAQ:GOLD   RANDGOLD RES LTD
225 2 1
Get ready for possible strong action next few days.

If price respect the downsloping fibo 0.618 and does not break it, price will be pushed back into the blue channel towards target as indicated which is the ML.

A break above the fibo 0.618 will be met by the downsloping line as indicated by the green arrow.
Thank you for your comments. I hope you did learn something here.
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