Last week, price traded and got resisted at the $2720 level. This further reconfirms the possibility of price to continue further shorterm bearish move from the daily timeframe. If price falls back to $2450 it’ll likely be a zone where investors & institutions will be willing to buy from!
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.