• Price has seen a failed breakdown of the lows of 460 in March 2023.
  • Recently, the Weekly RSI moved past its peak around 50, with price confirming the false breakdown with huge volume spike.
  • Currently, prices are forming an Inverse Head & Shoulders, which will confirm if prices clear 560.
  • Next important resistance zone is between 695-725.
Chart PatternsTechnical IndicatorsTrend Analysis

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