Thursday, February 26, 2015

RESISTANCE TRENDLINE IN XAUUSD (GOLD) 26/02/15


• 1215.4: Friday’s high.
• 1223.0: Thursday’s daily high.
• 1227.2: Fibonacci 38.2% for the drop from Feb 3rd high 1285.8 to Tuesday's 7-week low 1190.6.
• 1231.6: 42.9% for the drop from Feb 3rd high 1285.8 to Tuesday's 7-week low 1190.6.
• 1238.4: Fibonacci 50% for the drop from Feb 3rd high 1285.8 to Tuesday's 7-week low 1190.6.
• 1245.1: 57.1% for the drop from Feb 3rd high 1285.8 to Tuesday's 7-week low 1190.6.
• 1249.5: Fibonacci 61.8% for the drop from Feb 3rd high 1285.8 to Tuesday's 7-week low 1190.6.

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