- Gold Month chart shows price testing the middle of a broad range.
- Crucial support zone between 1180 and 1200.
- 4 Hour chart shows price giving new lows.
- One hour continues to stay below 100 Hour SMA. For a bounce to start price must first move and stay above this line.
- ES WEEKEND UPDATE
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- Crude oil moves above back above 200 SMA
- 4 Hour chart too shows price above the cloud.
- If price holds above the cloud or 44 levels a bullish swing is possible.
- Crude oil bears need to take price back below 200 SMA.
- ES WEEKEND UPDATE
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