The local market trend is gradually shifting towards an uptrend.
Recent bullish momentum suggests that buyers still have room to drive the market higher.
Following a minor pullback, a new local resistance level is likely to form at $75,873 once the price closes above 68,718.
Conversely, failure of the upcoming support level could lead to a significant reversal towards $50,678.
Remember, effective risk management is crucial. Always secure your profits to avoid unexpected market movements.
Wishing you a prosperous week ahead.
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