A technical update on the commodity.
- Unwinding from an overbought position on it's weekly chart. This follows a 'doji' candle formation for LAST week.
- This week we are seeing a further retracement at the previously identified supply zone.
- The $113 to $115 level is a potential target range.
- Unwinding from an overbought position on it's weekly chart. This follows a 'doji' candle formation for LAST week.
- This week we are seeing a further retracement at the previously identified supply zone.
- The $113 to $115 level is a potential target range.
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