Price is currently ranging between support and resistance, with no clear movement direction as buyers and sellers remain balanced.
🔍 Short Observation: The market is in consolidation, waiting for a breakout. London session could bring initial volatility, but we expect a clearer entry during the New York session. Key Levels to Watch: Support: Around $2870–$2860 Resistance: Around $2940–$2950 A confirmed breakout in either direction will present the best trade opportunity. ⚡ Patience is key—wait for the market to show its hand before executing!
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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.