Following the break bellow the weekly trendline, the price has been rejected on the golden pocket of the Fib retracement from the break.
Price is not at a cross-road a close above the 0.618 level can set a bullish continuation while a close below the 0.5 levels can lead to a retest of the lows.
Levels to watch :
Above $10,800 targets $11,350 and $12,150
Below $10,300 target $9,950, $9,400 and $8,500
Price is not at a cross-road a close above the 0.618 level can set a bullish continuation while a close below the 0.5 levels can lead to a retest of the lows.
Levels to watch :
Above $10,800 targets $11,350 and $12,150
Below $10,300 target $9,950, $9,400 and $8,500
Buy high, sell low