– May Monthly candle closed weak Bullish at 2327 level, previous Weekly candle closed weak Bearish rejecting the upside and the Friday closed strong Bearish breaking below recent Support and forming Daily Resistance around 2343.400. I’ll be looking for potential Buys above 2332.800 targeting 1h previous Support formed around 2340.500 and a potential retest of the strong Key Level around 2350s. I’ll be looking for potential Sells below 2320.600 targeting 4h Strong Support formed on 9th May 2024 around 2310.500 and recent Weekly Support around 2303.500. The last 2 Monthly candles have formed Rejections wicks to the upside so potentially we could see deeper pull backs for Liquidity Grabs to start the Q3/2024.
