PGOLD broke its resistance. Will it reach 127.2% Fibonacci Retracement level this time?
After being silent for quite some time PGOLD broke its resistance at 47.49 per share. Is it ready to hit the 127.2% Fibonacci Retracement level? The Kijun Sen line that keeps PGOLD from going up is now bending upwards. This means there is no threat from that line. The Ichimoku elements are in a bullish setup and the extended Kumo is pointing upwards.
RSI or Relative Strength Index is currently at 78
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