22 May Wednesday View


The price tried to stay above 33376 (USD 1384), 23.6% retracement, if it had it could have been provided a firm support, in the early morning session but could not and tumbled down to 32823 (USD 1361.29) level. It found some support there and later in the day bounced back towards 33376 but quite not reach there and trading in a very thin range since then. Obviously, it seems the price will have to break and hold 33376 level to move on the upside direction and if 33000 (USD 1368.63) and 32785 (USD 1359.71), yesterday's support is broken, could tumble further down. Refer to daily image 22May_Daily too, you know where to find it ?
Trade Happy, Trade Safe :)


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