Still Trading Above Support

Despite the recent pullback, the overall trend is still intact with price testing the Daily 100 SMA as it has done multiple times before. If the re-test is successful we can expect to see price head back to the Monthly pivot @ 35200 with another move towards ATH ~35800 also possible should the buyers step back in. If however, the price breaks below last week's low @ 34600 it will likely trigger a sell-off towards support @ 34035