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2023年5月27日
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2023年5月27日
Prices had been consolidating between 850 and 1150 since October 2022.
This week, prices have cleared the upper end of the trading range decisively.
Weekly RSI has also cleared its previous peak level, suggesting strength.
Prices are expected to initially test its prior all time high of 1434.
Since there is not enough history, riding the trend is important.
Bullish outlook remains valid as long as price sustains 1130.
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