Still, the market is completely controlled by geopolitical tensions.
depending on our analysis, the price fell and hit our target.
Generally, the direction is a downtrend
Uptrend Side: The price must rise above 19,820, and particularly surpass 19,990, to confirm the activation of the bullish trend.
Downtrend Side: The bearish trend remains strong, pushing towards the 19,640 support level. A 4-hour candle break below this level could lead to a further decline, potentially reaching 19,420.
Tendency Keys: 19820
As we mentioned, the price will be active in a bearish trend as long as it trades below the resistance of 19820.
For today, the price should break the support of 19640 to continue to fall.
correction: may this new 4H candle rise toward around 19820 as a correction.