– Previous Weekly candle closed Bullish at 199.930 above recent Weekly Resistance formed on 28th April 2024, Friday Daily candle closed Bullish forming Daily Support around 199.200. I’ll be looking for potential Buys above 200.100 targeting Weekly previous Support formed all the way back to the 11th May 2008 around 200.800 Leaving Runners to the Weekly Low formed on 17th August 2008 around 201.690. I’ll be looking for potential Sells below 199.640 targeting Daily Support formed on Friday at 199.200 and 4h previous Resistance around 198.840. Monthly candle for May will be closing on Friday and price approaching April Monthly High there is a possibility for price to form Resistance on Daily allowing the current Monthly candle to retrace.
