Price pushing through the 57.50/58.00 resistance level today, 'confirming' the next leg higher.
Price is overbought though (on the RSI), so I would wait for a retest of 57.50/58.00 as new support before initiating new 'longs'.
We could get 65 next.
Price is overbought though (on the RSI), so I would wait for a retest of 57.50/58.00 as new support before initiating new 'longs'.
We could get 65 next.