– Monday Daily candle closed Bullish at 2350.800 respecting recent Daily Support formed on Friday and allowing the current Weekly candle to form a top wick. I’ll be looking for potential Buys above 2357.500 targeting 30min Resistance around 2364.500 and 4h previous Support formed on 15th May 2024 around 2372.400. I’ll be looking for potential Sells below 2346.300 targeting 4h previous Resistance formed around 2340.00 Leaving runners to 2333s level to tap the current Weekly Low. Previous Monthly candle (April) closed weak Bullish with a Rejection to the upside, last Weekly candle closed Bearish aswell forming strong Weekly Resistance so the probability for price to continue Bearish once price break below 2333s level is very high.
