$GNO is currently trading near the lower Bollinger Band at 107.52, which could signal a bounce or a continuation of the downtrend.
The recent price change of -1.369% and proximity to support at 107.9 confirms potential volatility.
With resistance at 111.4, a break above could indicate bullish momentum.
Consider placing a stop-loss just below 107.9 for risk management.
Current volatility appears to be contracting, suggesting a potential breakout.
Recommended action: Set alerts for key levels and consider waiting for confirmation before buying.
