Looking at the chart above, price have pulled back to the MIDAS support curve in oversold conditions. Momentum have created a divergence to the upside. Looking at the the lower time fame, the daily chart have just completed a T.D Price flip. Looking at the netto-operators from the COT Report, demand is increasing. So there are many sings of a potential price flip. #Long entry taken
Whops, looks like it wrote R1 on the chart. I meant S1, as in SUPPORT.