We have seen a lot of fundamental based drives on this commodity over the last month which has allowed massive trading chances!
Now looking at the downside, we can see a nice scenario of confluences unfolding on a lower timeframe :
1) Moving average rejection
2) counter trend line break
3) Key level break
Looking to target $1365 with a stop loss above $1408
Now looking at the downside, we can see a nice scenario of confluences unfolding on a lower timeframe :
1) Moving average rejection
2) counter trend line break
3) Key level break
Looking to target $1365 with a stop loss above $1408
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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.
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.