GT Approaching Support, Potential Bounce!
GT is approaching our first support at 61.8% fibonacci retracement (horizontal overlap support, 61.8% fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 23.50 (horizontal swing high resistance, 23.6% fibonacci retracement, 61.8% fibonacci extension).
Stochastic (55,5,3) is also approaching support and seeing a bullish divergence and we might see a corresponding rise in price.
Stochastic (55,5,3) is also approaching support and seeing a bullish divergence and we might see a corresponding rise in price.
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