Last week we suggested a level of 1760-65 is our area of interest. This week we will remain with a short-term bullish outlook as long as the price stays above 1735-40.
We can see we’re retesting the breakout of the trendline which runs from May 2019. We have a higher zone of 1790-95 on this chart which could be a possible target and also a turning point.
We’re at a strong resistance level here so opening and the first part of the week should be interesting.
Support:
1735
1720
1708-3
Resistance:
1750
1775-77
1790-95
We can see we’re retesting the breakout of the trendline which runs from May 2019. We have a higher zone of 1790-95 on this chart which could be a possible target and also a turning point.
We’re at a strong resistance level here so opening and the first part of the week should be interesting.
Support:
1735
1720
1708-3
Resistance:
1750
1775-77
1790-95
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🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
Related publications
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.
🔵 FREE TELEGRAM CHANNEL: t.me/KnightsofGold
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
Related publications
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.