Resistance
$1308
$1322
$1328
Support
$1291.85
$1279
$1276
Comments: The rising trend line on the 4-h RSI could be breached. The metal has failed twice around in $1304-1307 area. Hence, only a 4-hr close above $1307 would entice bulls…else prices could deflate further thereby confirming trend reversal via breach of rising trend line on the RSI.
$1308
$1322
$1328
Support
$1291.85
$1279
$1276
Comments: The rising trend line on the 4-h RSI could be breached. The metal has failed twice around in $1304-1307 area. Hence, only a 4-hr close above $1307 would entice bulls…else prices could deflate further thereby confirming trend reversal via breach of rising trend line on the RSI.
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Related publications
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.