A bit of update to what we were discussing here based on weekly chart
There is no strong rejecton from possible weekly supply and thats positive ( at least for now ). We do have possible supply based on daily higher towards 600/650.
We have to told 500/480 ( based on daily close ) for possible rally towards 600/650.
Two consecutive daily close below 500 may expose 400.
There is no strong rejecton from possible weekly supply and thats positive ( at least for now ). We do have possible supply based on daily higher towards 600/650.
We have to told 500/480 ( based on daily close ) for possible rally towards 600/650.
Two consecutive daily close below 500 may expose 400.
