Price is bullish on daily time frame, and currently it has made a double bottom with bullish divergence which hints that bulls are assuming control of the price action. First higher high is printed and if that is broken then we can expect a bullish rally as per Dow theory. Targets are mentioned on the chart.
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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.