Technical Analysis: still Pivot zone with sensitive movement
Next Outlook:
the price should stabilize under 19100 to get 18930 then should close 4h candle under it to be a downtrend, so in general the consolidation will be between 19220 and 18930 till breaking
Bullish Scenario:
Closing 4h candle above 19215 will get 19500 and 19625
Bearish Scenario:
Stability below 19100 will get 18930,
closing 4h candle under 18930 will be downward to 18640
Key Levels:
- Pivot Line: 19100
- Resistance Levels: 19220, 19525, 19625
- Support Levels: 18940, 18640, 18440
Today's Expected Range:
The price is anticipated to fluctuate between the support at 18640 and the resistance at 19525.