From weekly chart, buying/demand is still good, and formation is forming a wedge now. Good buying area is around 1313-1311. with tight stop loss.
Commento:
look at the last 4-hourly chart; it looks like a retail flush, so very strong buying.
Commento:
From the weekly price action, its still looking bullish - with declining price, but not the volume.
Commento:
The weekly volume is relatively low in the pullback.this week. So remain bullish outlook !
Commento:
The price is still testing the PF's ML now - at a critical juncture. If it holds, looking for a buy from here or next week.
Commento:
Buying volume is still strong, nicely set up for 1670 TP
