Price has dropped from the 2440-2450 area, and we are now near support at 2400 area. Look for price to hold here for the short term. We are now breaking out of the up fork, so if we have a few down days look for a new momentum for a correction. Be aware that the trend has a possibility to trend on this time frame.
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Disclaimer
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.