This commodity has been forming a bullish pattern, according to the higher timeframes (weekly) and it has retested the upper trend line again.
I do anticipate that it might test the 0.2 fib retracement. A follow up analysis using a shorter time frame...
I do anticipate that it might test the 0.2 fib retracement. A follow up analysis using a shorter time frame...
Note
Shoort it is then.
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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.