Looking at this weekly chart we can see that todays upswing hit resistance at the 3900 level. the price is currently only 6% below that which would mark a breakout (or fakeout) from the longer term 2022 downtrend.
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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.