A bit of update to what we were discussing here based on weekly chart
There is no strong rejecton from possible weekly supply and thats positive ( at least for now ). We do have possible supply based on daily higher towards 600/650.
We have to told 500/480 ( based on daily close ) for possible rally towards 600/650.
Two consecutive daily close below 500 may expose 400.
There is no strong rejecton from possible weekly supply and thats positive ( at least for now ). We do have possible supply based on daily higher towards 600/650.
We have to told 500/480 ( based on daily close ) for possible rally towards 600/650.
Two consecutive daily close below 500 may expose 400.
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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.