GT at $20.8 is near the 61.8% Fibonacci retracement level from its recent high ($25.94) to low ($17.72). This level often acts as a reversal zone. A bounce could target the 50% level at $21.83, while a break below $20.73 could see $19.55. Recent volatility (1.45% over 30 days) supports a quick move. Key Levels: Support at $20.73, resistance at $21.83.
Indicators: Fibonacci 61.8%, low volatility.
Outlook: Bullish if $20.73 holds.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.