With a successful inverted head and shoulders break out, the rally found volume and broke through previous resistance at $2675 which was confirmed in 3 zones. A minor correction has occurred but this is only to test the resistance zone for support. A doji has formed indicating possible support. Target for long position remains $2900.
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Disclaimer
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.