- IBM has fallen below the up trend line.
- Price has violated the 20 Day SMA. Daily candle trading and closing below 20 SMA will favor bears to extend this correction.
- below 20 SMA price may find support near 23.6% Fib level. Next price cluster is near 38.2% Fib level which may act as strong support. For now bears of IBM need a close below 20 SMA.
- GOLD Near Long term support line
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