The weak follow through post breach of the key rising trend line support suggests the bears may have run out of steam. The 4-hr candle with long tail also points to bear exhaustion.
Thus, prices could catch bid and revisit $1283.
A break above the descending trend line hurdle seen now at $1286 would expose $13100 levels.
Thus, prices could catch bid and revisit $1283.
A break above the descending trend line hurdle seen now at $1286 would expose $13100 levels.
