Current Price: 63.14 USD
The price is approaching a key resistance zone between 65.00–66.00 USD.
The chart outlines a potential selling scenario:
Price may first rise slightly to test the resistance area.
A reversal downward is expected after rejection from resistance.
Important downside target support levels:
62.99 USD
61.70 USD
60.50 USD
59.38 USD
58.29 USD (Major support zone)
Trading Idea:
If the price shows rejection within the 65.00–66.00 resistance zone, a short (sell) position could be considered.
Main target: 58.29 USD support zone.
The price is approaching a key resistance zone between 65.00–66.00 USD.
The chart outlines a potential selling scenario:
Price may first rise slightly to test the resistance area.
A reversal downward is expected after rejection from resistance.
Important downside target support levels:
62.99 USD
61.70 USD
60.50 USD
59.38 USD
58.29 USD (Major support zone)
Trading Idea:
If the price shows rejection within the 65.00–66.00 resistance zone, a short (sell) position could be considered.
Main target: 58.29 USD support zone.
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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.
Get Accurate Forex & Gold Signals Daily!
Join our trusted trading team with real-time insights and expert support.
Start your winning journey now
Join our trusted trading team with real-time insights and expert support.
Start your winning journey now
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.