On the M30 time frame, prices are approaching the resistance zone at 1984.00 which coincides with the 61.8% Fibonacci retracement and a pullback to this zone could present an opportunity to play the drop to the support zone at 1951.80. Stochastic is also in the overbought region and an exit of this region could see prices push lower.
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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.