We may derive the following from the Weekly SGL chart:
1. Price has respected our gann level resistance.
2. Price should in all probability continue to drop further - however watch out for bids at the 50% level.
3. Monitor price action and look out for further short opportunities.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
1. Price has respected our gann level resistance.
2. Price should in all probability continue to drop further - however watch out for bids at the 50% level.
3. Monitor price action and look out for further short opportunities.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.