We have seen a lot of fundamental based drives on this commodity over the last month which has allowed massive trading chances!
Now looking at the downside, we can see a nice scenario of confluences unfolding on a lower timeframe :
1) Moving average rejection
2) counter trend line break
3) Key level break
Looking to target $1365 with a stop loss above $1408
Now looking at the downside, we can see a nice scenario of confluences unfolding on a lower timeframe :
1) Moving average rejection
2) counter trend line break
3) Key level break
Looking to target $1365 with a stop loss above $1408