Price went down for a small retracement, however it seems that the bulls have assumed control of the price action, as a double bottom reversal pattern is formed which could potentially lead to a bullish reversal as per Dow theory. Targets are mentioned on the chart.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.