Gold has rejected the 61.8% first now the last fibonacci at 76.4 has been rejected also. I am looking for a break of the rising trendline first and then i'm expecting a break of the previous low ( red line ).
I was born on July 20th 1983. I have been trading since 2007 and using Elliott Wave analysis since 2008. I also use trendlines, fibonaci, candlesticks and various indicators to determine a future direction of price.
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