Expect the price to rise to 580 where the weekly supply zone (red rectangle) lies. The supply zone will push the price downwards. The price should start moving upwards again from one of the 3 demand zones (green rectangle). Break past the supply zone @ 614 and reach for the second supply zone @ 658 break past this supply zone @ 666, chasing a target of...
Expect the price to pick up from the current demand zone @ 7,277 and reach for breaking the first supply zone @ 8,123. Following this, the price could face a little hurdle at the second supply zone @ 8,892 where the price will be pushed down. Breaking past this supply zone @ 9,127. The price is to move upwards and reach for the third supply zone @ 9,496. Here the...
