
Pivot: 4500
Our preference: long positions above 4500 with targets at 4600 & 4640 in extension.
Alternative scenario: below 4500 look for further downside with 4465 & 4420 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:
4690
4640
4600
4576 Last
4500
4465
4420
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