Price surged past the 3,537.93 and 3,762.20 zones, holding gains above both. The current daily candle shows consolidation just above the 3,760 zone after a strong impulsive move.
Support at: 3,762.20 🔽 & 3,537.93
Resistance at: 4,056.40 🔼
🔎 Bias:
🔼 Bullish: If price continues to hold above 3,762.20 and closes strongly above this zone, we may see continuation toward 4,056.40.
🔽 Bearish: A daily close back below 3,760 could open room for a deeper correction toward 3,537.93 or even 3,040.00.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Support at: 3,762.20 🔽 & 3,537.93
Resistance at: 4,056.40 🔼
🔎 Bias:
🔼 Bullish: If price continues to hold above 3,762.20 and closes strongly above this zone, we may see continuation toward 4,056.40.
🔽 Bearish: A daily close back below 3,760 could open room for a deeper correction toward 3,537.93 or even 3,040.00.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
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.
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.