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Tuesday, March 24, current price 705. The 1H chart is in a consolidation phase, with the price at the middle band of the hourly Bollinger Bands. The daily and 4H charts have not formed a bullish trend. The recent spike driven by news yesterday did not break through the key resistance level at 720.
The overall outlook remains cautious and biased to the upside.
If the price rises to 715-720 and then pulls back, consider shorting.
Support is at 698-700; a light long position can be considered at 700-702.