In this time frame, the price chart is moving in a descending channel and we expect the price to fall to the range of 2728.
If the purchase volume is such that the price can break the channel ceiling, we will see the price climb towards the 0.5 and 0.618 Fibonacci lines.
Resistance Range: 2982 – 3004 – 3035
Support Range: 2888-2846 to 2728
GOODLOCK
SANAM
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