Currently, price is testing a critical support area a potential short-term relief bounce could occur if buyers defend this level.
However, a breakdown below support could trigger a continuation move toward the $900–$850 range.
Structure remains bearish unless the price reclaims the mid-range zone near $1,1k.
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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.
