– I’ll be looking for potential Buys above 3316.500 targeting previous Hourly Support formed at 3332.000 Leaving Runners to the Strong Key Level around 3350.000.
– I’ll be looking for potential Sells below 3392.000 targeting previous Hourly Resistance formed at 3270.000 Leaving Runners to the Hourly Support formed at 3252.500.
– A significant retracement is underway on the current weekly candle, with price forming a strong rejection wick to the upside. Will this mark the start of a deeper pullback, or will buyers regain control before the weekly close?