1937.5 is the number to keep track of today as this could be the 3rd week it fails to close below this price. If that happens it would suggest a strong bull presence holding the price at that range.
On the other side of the arena, theres a noticeable descending triangle formed with yesterdays move suggesting bears are still in control for the most part of the last days discounts.
Will it break below 1937.5 ? will 1900 hold or will it head closer to last months 1860 levels?
On the other side of the arena, theres a noticeable descending triangle formed with yesterdays move suggesting bears are still in control for the most part of the last days discounts.
Will it break below 1937.5 ? will 1900 hold or will it head closer to last months 1860 levels?