– Previous Weekly candle closed strong Bearish at 2333.300 forming Weekly Resistance at 2417.400 with a Rejection wick around 2450s, Friday Daily candle closed weak Bullish forming weak Daily Support around 2328.800. I’ll be looking for potential Buys above 2340.300 targeting 4h previous Support formed on 15th May 2024 around 2346.300, Leaving Runners to the 4h Resistance around 2354.900. I’ll be looking for potential Sells below 2328.800 targeting 4h previous Resistance formed on 5th May 2024 around 2320s Leaving Runners to the 4h Strong Support that has been held on 9th May 2024 around 2310.700. As Monthly candle for May coming to a close this upcoming Friday price has retraced heavily from the recent highs forming huge Rejection to the upside so there is a good probability for price to form Monthly Resistance.
