NG broke the inverse HS neckline this week. Target is the upper channel.
The possible movement is show below. There's a gap above to be filled.
Bullish even on monthly TF. Buy on dips.
Daily support/resistance on 15th May: 3.414, 3.391
Weekly support/resistance from 15th May - 19th May: 3.286, 3.241
Monthly support/resistance for May: 3.241, 3.185 (NGM7: 3.271, 3.274 )
Monthly support/resistance for Apr: 3.125, 2.992 (NGK7: 3.143, 3.045 )
2017 Yearly support/resistance: 3.415, 2.757
The possible movement is show below. There's a gap above to be filled.
Weekly support/resistance from 15th May - 19th May: 3.286, 3.241
Monthly support/resistance for May: 3.241, 3.185 (NGM7: 3.271, 3.274 )
Monthly support/resistance for Apr: 3.125, 2.992 (NGK7: 3.143, 3.045 )
2017 Yearly support/resistance: 3.415, 2.757
No comments:
Post a Comment