The 50 moving average continues to support the proposed bullish wave, taking into account that failure to surpass the current resistance around 2052 will put pressure on the price to decline toward the pivotal support level of 2007 before any new positive attempt.
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.