4H Chart - Price Key Points:
- Minor rejection at approx $6429.
- Average temp support at approx $6175.
- Reversal point at approx $6187.
- 20MA Bollinger bands forming a narrowing channel.
- Indicators attempting to stabilize.
- Buying volume a bit improved.
Possible Scenarios (unchanged) :
Long: On a confirmed break above $6550 – Price Target $6976 | Probability: 32% | Signal Strength: 2/5
Neutral: Price Range $6247 - $6550
Short: On a confirmed break below $6247 – Price Target $5789 | Probability: 39% | Signal Strength: 4/5
Our Stance: Neutral.