Price is too low to have more selling pressure at the moment and seems oversold. Price at the bottom of ascending trendline and north direction has much space then the south seeing the current condition of the commodity.
Zes
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Zes
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.