Fibonacci_Trader

Upper Parallel Line Resistance

FX:XAUUSD   Gold Spot / U.S. Dollar
83 0 1
It seems that the Upper Parallel Line rejected the Price of Gold             from going higher and it looks like the Golden Ratio or 161.8% Fibonacci Extension is supporting the downside. If the Golden ratio will hold, we can see the Gold             to break the Upper Trendline of Andrew's Pitchfork .
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