4H Chart - Price Key Points:
- Price virtually unchanged.
- For the past 20 hours ALL 4 Hour candlesticks have closed inside the neutral range area. Resistance still rests at $9376.
- Upper range of Medium term downward channel still acts as support. Currently at approximately $9077.
- Momentum indicators seem to shift/weaken after a temporary stabilization.
Possible Scenarios (unchanged):
Long: On a confirmed break above $9376 – Price Target $9771 | Probability: 38% | Signal Strength: 4/5
Neutral: Price Range $9000 - $9376
Short: On a confirmed break below $9000 – Price Target $8730 | Probability: 26% | Signal Strength: 1/5
Our Stance: Waiting for a confirmed breakout to either direction.