Key Levels to Watch:
3155–3160: Bullish target zone
3149: ATH resistance
3138: Resistance
3127: Key resistance
3121: Minor intraday resistance
3118: Bullish/Bearish pivot line
3112: Key intraday support
3105: Minor support
3098: Bullish defense zone
Swing Trade Strategy:
Not sure why the symbol I previously used (Commodity CFD - OANDA) has suddenly become invalid. For now, I’ve marked out the key levels I think are important.
I'll need to recheck which Commodity CFD symbol best matches the quotes from my trading platform. I may update this post later with some short-term trading strategies once I confirm the pricing source.
👉 If my insights have been helpful to you, or if you traded based on my ideas, please consider giving a like — it’s a great encouragement for me! Thanks for your support!
Disclaimer: This is my personal opinion and not financial advice. Please manage your risk accordingly.
3155–3160: Bullish target zone
3149: ATH resistance
3138: Resistance
3127: Key resistance
3121: Minor intraday resistance
3118: Bullish/Bearish pivot line
3112: Key intraday support
3105: Minor support
3098: Bullish defense zone
Swing Trade Strategy:
- For Shorts: If the price breaks below 3105, consider a SELL. Watch 3111 for any rebound; if the decline continues, monitor 3100, 3095, and 3090.
- For Longs: If the price stabilizes above 3127, consider a BUY. Watch 3133 for confirmation; if momentum continues, target 3138, 3142, and 3144.
Not sure why the symbol I previously used (Commodity CFD - OANDA) has suddenly become invalid. For now, I’ve marked out the key levels I think are important.
I'll need to recheck which Commodity CFD symbol best matches the quotes from my trading platform. I may update this post later with some short-term trading strategies once I confirm the pricing source.
👉 If my insights have been helpful to you, or if you traded based on my ideas, please consider giving a like — it’s a great encouragement for me! Thanks for your support!
Disclaimer: This is my personal opinion and not financial advice. Please manage your risk accordingly.
Note
Short-Term Trading Strategy:1. For Shorts: Enter a SELL position if the price breaks below 3131. Watch 3127 for initial support; if the decline continues, monitor 3124, 3120, and 3118.
2. For Longs: Enter a BUY position if the price holds above 3134. Watch 3138 for confirmation; if the bullish momentum continues, monitor 3142, 3147, and 3149.
Disclaimer
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.
Disclaimer
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.