– Previous Weekly candle closed weak Bearish at 2321.100 rejecting 2070s and forming Weekly Resistance around 2330.600, Friday Daily candle closed strong Bearish forming Daily Resistance around 2360.600 correcting the whole Bull run that was formed on Thursday. I’ll be looking for potential Buys above 2325.200 targeting 1h previous Support around 2333.200 Leaving Runners to the 4h previous Resistance formed around 2340.600. I’ll be looking for potential Sells below 2316.500 targeting Hourly Support around 2308.200 Leaving Runners to the strong Key Level of 2300s for a retest. Thursday Bull move was good to see price breaking out of the Daily Range but the Friday Bearish move corrected the whole range and put price back into the range so a confirmation is a must as price could potentially range again.
