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The resistance is the 50 percent Fibonacci retracement on the fall from $2,476 to $2,077.75, and has served as an ultimate high the current rebound could reach. Resistance is at $2,266, a rise above which will violate the bearish outlook. No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses.