- January 15, 2021
- Posted by: Tradingshot Articles
- Category: Commodities
Pattern: Consolidation within the 4H MA200 (orange trend-line) and the 1,815 – 1,820 Support Zone.
Signal: Buy as long as the Support Zone holds. If broken keep in mind that the 1W MA50 (ultimate yearly Support) is at 1,795.
Target: the 4H MA200 and if we get a daily close above it, then the Symmetrical Resistance Zone.
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