– Buys on close above 1713.800 targeting 15min Resistance at 1719.800 leaving Runners to 1h previous Strong Support formed on (13.07.2022) at 1726.000.
– Sells on close below 1702.800 targeting 1h Support from (09.08.2021) at 1693.200 leaving Runners to Daily Support from (31.03.2021) at 1685.000.
– Currently, the July Monthly candle has dropped more than $100 and the price has broken multiple Monthly Supports that were formed in April, October and December 2021, and February 2022.
– It will be interesting to see if the current Weekly candle closes below Strong Monthly Support from April 2021 or 1705 or will it retrace and reject that area.