– I’ll be looking for potential Buys above 200.200 targeting 4h Resistance formed on 24th July 2024 around 200.960 Leaving Runners to the previous 4h Support formed on 24th June 2024 around 201.800.
– I’ll be looking for potential Sells below 199.660 targeting Hourly Support at 198.850 Leaving Runners to the 4h Support formed at 198.360.
– A strong downside rejection on the daily chart leaves price trapped within the 200s key level, signaling heightened indecision as both bulls and bears struggle for control. This consolidation zone has now become a critical battleground, with traders watching closely for a breakout that could set the tone for the next major move.