Based on the long term trend being breached and overall pressures in the market, i expect it to drop further to $75 in coming weeks. I would expect some consolidation in the current area for next few days before a further downtrend resumes.
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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.