– I’ll be looking for potential Buys above 205.750 targeting 30min Resistance formed at 206.230 Leaving Runners to the 4h Resistance formed at 206.770.
– I’ll be looking for potential Sells below 205.200 targeting Daily Support at 204.700 Leaving Runners to the 4h Rejection formed at 204.270.
– Weekly so far pulling back nicely to form the bottom wick if the continuation to the upside remains. As we head into December, price could either build momentum for a year-end push or remain contained within its current structure. However, festive-season trading usually brings lower volume, meaning breakouts may lack follow-through and fake moves become more common.