Friday saw a pullback to 3014, with multiple rejections at that level. A 4H close above 3025 would confirm strong intraday bullish momentum toward 3047. However, with slowing fundamentals and a bearish 4H structure, breaking this key level is crucial. If we pull back to 3012, a deeper move to 2999 could follow. Patience is key!
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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.