Been monitoring this one for a while now for a nice sell entry. I am expecting a long term move to the downside to start soon, which should keep falling for most of this year and bottom out around $1100. We may be seeing the formation of the sell entry flag for this move, but I still need to watch a bit more to gain confidence that the move is actually going to get going.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.