Based on a similar candle and action behavior (February - June 2019) we may be on the last Lower High before a very strong parabolic rise, similar to what took place when Gold took off earlier this year.
Even on a short term perspective the trend remains (for as long as the 1,520 1D Resistance holds) towards the last low. The neutral 1D ( = 51.365, Highs/Lows = 0.0000) serves perfectly for a sideways trade within the 1D Resistance and Support levels. Our target zone is 1,473.60 - 1,481.20.
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