We are back at the $30 important level again
After two successful holds on the 0.618 Fibs, making two perfect higher lows since the start of August.
ECB initiating a Rate Cut yesterday was the trigger to break out of the bullish wedge as we expected and make an attempt at the $30 level.
We need to see this level flipped to support now, any more rejections attempting to convert this level to support may discourage buyers here
Above $30 and we are into very bullish territory, with the First Target next at $33.50.