Price made a sharp move to the upside, where we saw price broke key resistance. The pullback comes after the dollars weakens as oil & gold put pressure on the USD.
Scenario One (Bullish Rebound): Price rebound from support level as seen in the chart
Scenario Two (Bearish Breakout): Price breaks the support level, pushing lower to the downside.
Scenario One (Bullish Rebound): Price rebound from support level as seen in the chart
Scenario Two (Bearish Breakout): Price breaks the support level, pushing lower to the downside.