Resistance
$1308
$1322
$1328
Support
$1291.85
$1279
$1276
Comments: The rising trend line on the 4-h RSI could be breached. The metal has failed twice around in $1304-1307 area. Hence, only a 4-hr close above $1307 would entice bulls…else prices could deflate further thereby confirming trend reversal via breach of rising trend line on the RSI.
$1308
$1322
$1328
Support
$1291.85
$1279
$1276
Comments: The rising trend line on the 4-h RSI could be breached. The metal has failed twice around in $1304-1307 area. Hence, only a 4-hr close above $1307 would entice bulls…else prices could deflate further thereby confirming trend reversal via breach of rising trend line on the RSI.
