Price continued to respect the bullish channel. Price is currently trading near the bottom of the channel with a confluence of previous support zone. The 16250 area would be a decent place to look for a potential long setup, targeting the previous resistance at 17290.
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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.