There is a hint that the price might continue higher. 4480 to 4470 is a support area and it seems to be holding right now. However in order to continue higher price needs to overcome the current resistance area which is around 4560. Closing above the resistance will open the door to 4630 level. That is scenario 1. For scenario 2, if price close below 4470 level then it most probably going lower initially to 4400 level and possibly lower towards 4350.
For now it is still wait and see condition.
Good luck!
For now it is still wait and see condition.
Good luck!
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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.