GXY - Downtrend continues ?
After breaking thru the $2.50 -2.65 zone (and below the long term trendline) the price is retesting that level. A break below will target the 2.05 level which is historical support/resistance. However if the general market sentiment turns negative, then $1.85 is the next support level. These are my personal observations on the price action and should not be construed as investment advice nor a recommendation to buy or sell.
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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.