Price has broken out of the long term range at last but levels above need to be confirmed. Therefore there is no bias of the day, we simple want to watch where they attempt to close the long term candles.

Higher target levels 2580-85 are available but we're too high to target that region, ideally you want it to pullback.

Support stands at the 2550-55 order region which we need to stay above to continue without a deeper correction.

Support: 2565 / 2657 / 2544 / 2535 / 2530

Resistance: 2570 / 2579 / 2580 / 2585 / 2591 / 2595

As always, trade safe.

KOG
Beyond Technical AnalysisSupply and DemandTrend Analysis
KnightsofGold
🔵 FREE TELEGRAM CHANNEL: t.me/KnightsofGold
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/

🟡 Disclaimer: Not financial advice. For educational purposes only.

Related publications

Disclaimer