• Prices have witnessed a strong rally since July 2022.
  • This week, prices have cleared the prior all time high of 624 decisively, suggesting that the up-move is likely to continue.
  • Initial resistance is expected around 850.
  • Since there is not enough history, riding the trend is important.
  • Bullish outlook remains valid as long as price sustains 620 or the up-sloping trendline.

Chart PatternsTechnical IndicatorsTrend Analysis

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