Pivot: 20.4
Our preference: Long positions above 20.4 with targets @ 23.05 25.1 in extension.
Alternative scenario: Below 20.4 look for further downside with 19 18.2 as targets.
Comment: The 50-day moving average is rising and is supporting the commodity in a bullish trend.
Supports and resistances:
26
25.1
23.05
20.75 Last
20.4
19
18.2
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