Everybody seems to be talking about PGOLD. Yesterday, we thought that it will already bounce from downtrend. The price went as high as 35.30 only but went down further to 34.20.
After 4 days of decline, price went down by approximately 18.10%
or approximately 7.56 pesos from its previous psychological support.
We would like to see a reversal soon, if not today!
If we can just can get at least half of the 7.56 which around 3.78, that's around 11.05% (3.78/34.20).Assuming it reverses starting today.
Let's see if we can achieve this in few days from now ,if it bounces back starting today!
**Please note that materials contained in this article are for educational purposes only, it is not a recommendation to BUY or SELL any security. How the information would be used would be at the discretion of the reader.
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