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Wow, the charts are really screaming bullish today. That jump past 4700 on the back of the Middle East news was intense. The 50-day SMA is now acting as solid support, and the RSI is strong but not overbought yet. Definitely feeling the upside potential here.
And the fact that it held the 4760 pivot point so cleanly earlier? Chef's kiss. With that news flow about tensions easing a bit, but still present, I think we're set for a nice move higher. Might even test the R1 around 4787 if momentum keeps up. 🤞
