It managed to break the resistant level of 8773 USD which was the top of the trading channel and what is an accumulation area.
After passing through the 8506.7 USD weekly level and managing to keep momentum with some high volume transactions it almost gained the previously drawn trend line.
Now it is not clear what it should do but I think it will trade between 9231 USD and 9767 USD, it the move manages to pass through the trend line above 10300 ish USD by November 7th I think it will gain that trend line.
After passing through the 8506.7 USD weekly level and managing to keep momentum with some high volume transactions it almost gained the previously drawn trend line.
Now it is not clear what it should do but I think it will trade between 9231 USD and 9767 USD, it the move manages to pass through the trend line above 10300 ish USD by November 7th I think it will gain that trend line.
