The mid-term bullish trend is not broken, with the 4-hour/day moving averages in a bullish alignment. Support at 92,000-92,500 holds.
92800 is above the key support/resistance level, making retracements for buying the dip more reliable than chasing highs or counter-trend shorting. Short positions are only suitable when facing resistance at 93,800-94,000 for light testing; take profits when the trend turns favorable.
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The mid-term bullish trend is not broken, with the 4-hour/day moving averages in a bullish alignment. Support at 92,000-92,500 holds.
92800 is above the key support/resistance level, making retracements for buying the dip more reliable than chasing highs or counter-trend shorting.
Short positions are only suitable when facing resistance at 93,800-94,000 for light testing; take profits when the trend turns favorable.