It's a bit early to declare that, but I see some kind of weakness in buyers behavior. If you compare this chart with Gold, you'll see the same inability overcome the previous High(875clp in our case).
I'll wait for a confirmation, we have to come back to the blue trading range.
The channel marked with green color also could be helpful, so we can be in a phase C at this moment and the current movement could be define as an Upthrust in a downslope TR.
I'll keep updated this chart.
I'll wait for a confirmation, we have to come back to the blue trading range.
The channel marked with green color also could be helpful, so we can be in a phase C at this moment and the current movement could be define as an Upthrust in a downslope TR.
I'll keep updated this chart.