BTCUSD Holds the $86.5K–$89K Volatility Box

Cryptocurrency

Economic

Summary:

BTCUSD is trading around $87.4K after a volatile 24 hours that ranged roughly from $86,534 to $88,897, with market sentiment still in Fear/Extreme Fear territory...

BUY BTC-USDT

Close Time

CLOSED

87297.2

Entry Price

88900.0

86450.0

87771.0 +727.9 +0.84%

847.2

Pips

Loss

86450.0

86430.3

Exit Price

87297.2

Entry Price

88900.0

Market overview

Right now BTC is not trending cleanly; it is rotating inside a wide short-term box where liquidity is concentrated around round numbers. Live pricing is near $87,430, and the latest 24h range ($86,533.86–$88,896.63) tells you the market is still willing to swing hard in both directions even without a big headline catalyst.

The practical insight for an M15 long is this: you don’t want to “buy because fear,” you want to buy because sellers failed to convert the breakdown into acceptance below the range low. If BTC keeps defending the lower band of the 24h range and starts printing higher M15 lows, the upside path is a mean-reversion move back toward the prior intraday supply near $88.9K, and potentially a retest of the broader psychological ceiling around $90K (which has repeatedly attracted selling in recent sessions).

Market sentiment

Sentiment is still cautious. One gauge shows the Crypto Fear & Greed Index at 24 (Extreme Fear), while Binance’s version shows 29 (Fear) either way, the message is the same: traders are defensive, and rallies are often treated as “take-profit opportunities” until price proves otherwise.

In this environment, the long setup becomes more selective: you want to see evidence of absorption (buyers consistently stepping in on dips) and you want price to stop “reacting downward” to every small bounce. The reason fear can be bullish on M15 is not magical mean reversion; it’s because fear markets are full of tight stops, so once price reclaims a key level, short covering can accelerate the next push quickly.

Technical analysis

BTCUSD Holds the $86.5K–$89K Volatility Box_1

Bollinger Bands (20,2): given the wide 24h range, the bands on M15 are likely still expanded. Your edge improves when price can hold above the mid-band after a pullback, because that signals the market is shifting “fair value” upward rather than just bouncing randomly.

If BTC keeps closing back under the mid-band, you’re stuck in chop and longs become low quality.Ichimoku (9,26,52): the cleanest long is when price is above the cloud and the cloud starts acting like support on pullbacks; if price is inside/below the cloud, treat longs as quick scalps only, because trend confirmation is missing.Stoch (5,3,3): you want a reset (Stoch cooling off) while price refuses to make a lower low, then a fresh bullish turn upward this is the classic “momentum reload” pattern that often precedes the next leg higher in a range recovery.

Trade plan

Entry: $87,300

Take Profit: $88,900

Stop Loss: $86,450

Risk Warnings and Disclaimers

You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.

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Warren Takunda

Traders' Opinions

Summary:

AUD/USD eased from a three-month high near 0.6700 as strong US economic data supported the dollar, offsetting a subtly hawkish shift in RBA rhetoric and keeping the pair range-bound despite a bullish technical backdrop.

BUY AUDUSD

Close Time

CLOSED

0.66900

Entry Price

0.68000

0.66400

0.67026 +0.00023 +0.03%

13.9

Pips

Profit

0.66400

0.67039

Exit Price

0.66900

Entry Price

0.68000

The Australian dollar edged lower from a three-month peak on Tuesday after briefly testing the 0.6700 handle, as a resurgence in US economic strength lent fresh support to the greenback and capped upside momentum in AUD/USD. The pair was last trading around 0.6680 at the time of writing, up roughly 0.40% on the day but modestly off its intraday highs, highlighting the growing tug-of-war between diverging central-bank narratives and resilient US macroeconomic data.

Early gains in the Aussie were underpinned by the release of the Reserve Bank of Australia’s minutes from its December policy meeting, which struck a noticeably firmer tone than markets had anticipated. Policymakers acknowledged increasing uncertainty over whether current monetary settings remain sufficiently restrictive, as incoming data suggests inflation pressures may prove more persistent than previously assumed.

While the RBA stopped well short of signaling an imminent policy shift, the discussion revealed that board members are becoming less confident that inflation will return to target as smoothly as earlier projections implied. Officials reiterated their commitment to a data-dependent approach, emphasizing that several key inflation indicators are due ahead of the February meeting and will play a critical role in shaping the policy outlook.

Notably, the minutes showed policymakers openly debating whether additional tightening might eventually be required, with some discussion extending into 2026. However, the board also stressed that it would take time to properly assess the durability of inflationary pressures, signaling caution rather than urgency. This nuanced messaging has reinforced the perception that while the RBA is not done with inflation risks, it remains reluctant to tighten policy prematurely in a slowing global environment.

Market pricing reflects this delicate balance. Australian 30-Day Interbank Cash Rate Futures for February 2026 continue to imply a relatively low probability of a near-term rate hike, even as expectations for a more restrictive stance further down the line remain embedded. Adding to the RBA’s hawkish undertone, Australia’s Consumer Inflation Expectations rose to 4.7% in December, up from November’s three-month low of 4.5%, underscoring the risk that elevated inflation psychology could become entrenched if price pressures fail to ease.

However, any sustained upside in AUD/USD has been tempered by a renewed wave of strength in the US Dollar, driven by a string of better-than-expected US economic releases. Revised figures from the US Bureau of Economic Analysis showed the economy expanded at an annualized rate of 4.3% in the third quarter, sharply above the prior estimate of 3.3% and well ahead of market expectations near 3.8%. The data reinforced the narrative of US economic exceptionalism, even as global growth shows signs of deceleration.

Crucially for Federal Reserve policy expectations, the inflation components of the report also surprised to the upside. The GDP Price Index climbed 3.7% in Q3, while Core Personal Consumption Expenditures rose 2.9%, highlighting the persistence of underlying price pressures and complicating the case for rapid monetary easing in 2025.

Labor market indicators have further supported the dollar. Although the ADP Employment Change report pointed to moderated private-sector job growth, it still reinforced the view of a labor market that remains tight by historical standards. Meanwhile, Industrial Production slipped 0.1% month-on-month in October, missing expectations for a modest gain, but the setback was not severe enough to undermine confidence in the broader economic outlook.

That said, some cracks are emerging beneath the surface. US Consumer Confidence declined to 89.1 in December from 92.9 previously, suggesting households are becoming more cautious amid elevated interest rates and lingering inflation concerns. This softening in sentiment underscores the delicate balance the Federal Reserve faces as it weighs economic resilience against the risk of keeping policy too restrictive for too long.

Taken together, the competing forces of a cautiously hawkish RBA and a resilient US economy have left AUD/USD caught between improving domestic fundamentals and renewed US Dollar demand. From a broader perspective, the pair’s inability to sustain a decisive break above 0.6700 highlights how sensitive risk-aligned currencies remain to shifts in US data momentum. Unless Australian inflation data meaningfully surprise to the upside or global risk sentiment improves further, rallies in AUD/USD may continue to attract selling interest near key resistance levels.

Technical Analysis

From a technical standpoint, AUD/USD remains constructive despite the intraday pullback. The pair has extended its recent rally after decisively breaking above the 50-period exponential moving average (EMA50), which has now turned into dynamic support. Price action continues to trade along an upward-sloping trendline on the short-term chart, reinforcing the dominance of the prevailing bullish bias.

Momentum indicators support the upside narrative, with the Relative Strength Index flashing positive signals even as it approaches overbought territory. While this raises the risk of near-term consolidation or a shallow corrective move, the broader technical structure suggests dips are likely to be viewed as buying opportunities as long as the pair holds above key support zones.

TRADE RECOMMENDATION

BUY AUDUSD

ENTRY PRICE: 0.6690

STOP LOSS: 0.6640

TAKE PROFIT: 0.6800

Risk Warnings and Disclaimers

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Eva Chen

Forex

Summary:

The GBPJPY fell from multi-year highs to around 210.30 after Japan's Finance Minister Satsuki Katayama made verbal intervention in the market.

BUY GBPJPY

EXP

PENDING

210.000

Entry Price

215.750

208.000

210.299 -0.771 -0.37%

Pips

PENDING

208.000

Exit Price

210.000

Entry Price

215.750

Fundamentals

On Tuesday, GBPJPY retreated from Monday's multi-year high of 211.60 to around 210.30. Japanese Finance Minister Satsuki Katayama stated on Monday that the government may intervene in the market to counter excessive one-sided volatility, providing temporary support for the yen and halting GBPJPY's upward momentum.

Japanese Finance Minister Satsuki Katayama stated in a media interview that if exchange rate movements significantly deviate from economic fundamentals, the Japanese government possesses the flexibility to take decisive foreign exchange intervention measures. This represents her strongest warning to market speculators to date following the yen's recent sustained weakening.

Satsuki Katayama pointed out that last Friday's sharp depreciation of the yen was clearly not driven by fundamentals but stemmed from speculative behavior. She emphasized: “We have made it clear that we will take decisive action against such movements, as stated in the joint statement by the Japanese and U.S. finance ministers.” Her remarks came as markets once again speculated that Japanese authorities might intervene in the foreign exchange market.

Notably, Satsuki Katayama specifically referenced the joint statement on exchange rates signed by the Japanese and U.S. finance ministers in September, implying that Japan has tacit U.S. approval for intervention without further consultation. The statement reaffirmed both sides' support for market-determined exchange rates while confirming that intervention remains a reasonable option under exceptional circumstances such as “excessive volatility.” Satsuki Katayama stated, “This means we have the freedom to act.” The USDJPY and GBPJPY exchange rates promptly declined.

However, as we mentioned yesterday, if Japanese authorities attempt to prop up the yen through foreign exchange intervention, such efforts are likely to prove ineffective unless the government simultaneously manages fiscal policy risks appropriately.

The Japanese government is expected to approve its fiscal 2026 budget this Friday, with investors concerned that the budget may include an unusually large scale of departmental spending. Should this prove true, it could trigger a decline in Japanese government bond prices and further intensify downward pressure on the yen.

Seize Every Pullback Opportunity: Bulls Set to Break Through Subprime Crisis Sell-Off Levels_1

Technical Analysis

GBPJPY faced pressure on Tuesday but remains biased upward, with the near-term target at 211.98—the 61.8% retracement level of the 199.04 to 205.30 range. A decisive break above this level would extend the current uptrend toward the next target at 215.75 (marking the starting point of the 2008 subprime crisis sell-off). On the downside, a break below the short-term support at 210.00 would shift the intraday outlook to neutral, potentially triggering a consolidation phase before a fresh upward move.

Trading Recommendations

Trading Direction: Buy

Entry Price: 210.00

Target Price: 215.75

Stop Loss: 208.00

Valid Until: January 9, 2026 23:55:00

Support: 209.81, 209.29, 208.21

Resistance: 211.98, 212.82, 215.10

Risk Warnings and Disclaimers

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Warren Takunda

Traders' Opinions

Summary:

EUR/JPY has pulled back from record highs as Japanese intervention warnings sparked Yen buying, but policy divergence between the ECB and BoJ suggests the move is corrective rather than trend-ending.

SELL EURJPY

Close Time

CLOSED

184.000

Entry Price

182.800

185.000

183.459 -0.699 -0.38%

22.0

Pips

Profit

182.800

183.780

Exit Price

184.000

Entry Price

185.000

The EUR/JPY cross has retreated from historic highs, snapping a multi-session rally as renewed verbal intervention from Japanese authorities triggered a rebound in the Yen and encouraged traders to lock in profits. At the time of writing on Tuesday, the pair was trading near 183.90, down roughly 0.30% on the day, after briefly touching an all-time peak close to 184.92 earlier in the week.

The pullback underscores the fragile balance driving the cross: a structurally weak Japanese Yen facing intermittent policy jawboning, set against a relatively stable Euro underpinned by the European Central Bank’s increasingly patient stance.

The Japanese Yen found modest support following comments from Japan’s Finance Minister Satsuki Katayama, who reiterated that authorities retain full flexibility to respond to “excessive” moves in the foreign exchange market. While no concrete action was announced, the reminder alone was sufficient to cool speculative enthusiasm and prompt a wave of short-covering in the Yen.

Historically, such rhetoric has often had only a fleeting impact unless backed by direct intervention or a material shift in monetary policy. Still, with EUR/JPY trading at record levels, the market appeared vulnerable to even mild policy pushback. The sharp ascent in recent sessions had left positioning stretched, making the pair susceptible to corrective moves on any hint of official discomfort.

That said, many investors remain skeptical about the durability of Yen strength without deeper structural support. Japan’s trade dynamics, yield differentials, and persistent capital outflows continue to weigh heavily on the currency, limiting the long-term effectiveness of verbal warnings alone.

At the heart of the Yen’s broader weakness lies the Bank of Japan’s cautious approach to policy normalization. Although the BoJ recently lifted its policy rate by 25 basis points to 0.75%, the central bank has been careful to avoid signaling a clear path toward further tightening.

Former BoJ board member Makoto Sakurai suggested that the next rate hike may not materialize until the middle of next year, while cautioning that subsequent increases could become increasingly difficult as economic momentum slows. This reinforces the perception that Japan’s policy normalization will remain gradual and limited, leaving the Yen exposed during periods of global risk stability and yield-seeking behavior.

As long as Japanese yields lag well behind those of Europe and the United States, rallies in the Yen are likely to remain corrective rather than trend-defining.

On the other side of the equation, the Euro continues to trade with relative stability. Investors are still assessing the European Central Bank’s policy trajectory into 2026, but recent communication has reduced uncertainty around near-term easing.

ECB officials have repeatedly emphasized that inflation is expected to remain close to the 2% target over the medium term, diminishing the urgency for additional rate cuts. At its latest meeting, the ECB left rates unchanged, with President Christine Lagarde stating that monetary policy is “in a good place” and that current settings may be maintained for an extended period.

Markets have increasingly interpreted this as a signal that the ECB’s rate-cut cycle is approaching its conclusion. If confirmed, this would provide a supportive backdrop for the Euro, particularly against low-yielding counterparts such as the Yen.

Incoming data from the Eurozone has done little to challenge this narrative. Germany’s Import Price Index rose 0.5% month-on-month in November, exceeding expectations and hinting at mild upstream price pressures. However, on an annual basis, import prices were still down 1.9%, reinforcing the view that inflation remains contained.

For policymakers, this combination of subdued inflation and improving stability supports a “wait-and-see” approach—one that contrasts sharply with the BoJ’s ongoing struggle to decisively exit ultra-loose policy.

Technical Analysis

From a technical perspective, EUR/JPY appears to be entering a corrective phase after failing to sustain momentum above the 184.90 resistance zone, which has now emerged as a formidable barrier. The rejection from record highs has pushed the pair back toward 183.75–183.90, signaling the early stages of a bearish corrective wave.

Momentum indicators are beginning to align with this view. The Stochastic oscillator is drifting toward the 20 level, increasing negative pressure and favoring further downside in the near term. A continuation of corrective trading could see the pair test 183.30, with a deeper move potentially exposing key support near 182.80.

TRADE RECOMMENDATION

SELL EURJPY

ENTRY PRICE: 184.00

STOP LOSS: 185.00

TAKE PROFIT: 182.80

Risk Warnings and Disclaimers

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Warren Takunda

Traders' Opinions

Summary:

Gold eases from record highs as the dollar rebounds modestly, but geopolitical risks, Fed rate-cut expectations, and strong technical structure continue to support a bullish outlook.

BUY XAUUSD

Close Time

CLOSED

4460.00

Entry Price

4530.00

4430.00

4479.98 -4.18 -0.09%

318.7

Pips

Profit

4430.00

4491.87

Exit Price

4460.00

Entry Price

4530.00

Gold prices retreated modestly on Tuesday after briefly surging to yet another record high, as a mild rebound in the U.S. dollar encouraged short-term profit-taking across precious metals markets. Spot gold (XAU/USD) was last trading near $4,457, down from an intraday peak close to $4,497, marking the metal’s latest all-time high in an extraordinary rally that has reshaped the global commodities landscape.

The pullback followed a mixed set of U.S. economic releases, which offered little clarity on the near-term trajectory of the world’s largest economy but were sufficient to trigger a modest bounce in the greenback. The dollar’s recovery, while limited, was enough to cap gold’s upside in the short term, particularly as prices hovered near historically stretched levels.

Still, the broader picture suggests gold’s downside remains well contained. Heightened geopolitical tensions continue to underpin demand for traditional safe-haven assets, with investors showing little appetite to materially reduce exposure to bullion. Ongoing conflicts, fragile diplomatic relations, and persistent uncertainty around global trade and security have kept risk sentiment fragile, reinforcing gold’s role as a hedge against systemic instability.

At the same time, expectations that the Federal Reserve could continue easing monetary policy well into 2026 remain a powerful structural driver. While U.S. policymakers have avoided committing to an aggressive rate-cut path, recent data has reinforced the view that inflation is cooling gradually, allowing the Fed room to pivot toward a more accommodative stance over the medium term. Lower real yields have historically been supportive for non-yielding assets such as gold, and current market pricing reflects confidence that monetary conditions will remain favorable.

Another factor fueling the latest leg higher has been year-end portfolio repositioning. As markets head into a long holiday period, fund managers and institutional investors are adjusting allocations, locking in profits in some asset classes while increasing exposure to assets perceived as defensive or structurally strong. Gold has emerged as a clear beneficiary of this flow, especially after outperforming most major asset classes throughout the year.

Even with intermittent bouts of profit-taking, the scale of gold’s advance remains striking. The metal is up nearly 70% year to date, putting it on track for its strongest annual performance since 1979, a period similarly defined by inflation fears, geopolitical stress, and deep skepticism toward fiat currencies. From my perspective, this comparison is telling: today’s rally is not merely speculative but reflects deep-seated concerns about fiscal sustainability, global debt levels, and long-term currency debasement.

Technical Analysis

From a technical standpoint, the recent price action aligns with a corrective retracement rather than a trend reversal. Gold experienced a sharp bearish impulse that briefly broke market structure to the downside, sweeping liquidity beneath recent lows. However, this move ultimately tapped into a bullish order block formed following a previous break of structure (BOS), a zone that has now proven to be a key area of institutional demand.

Upon revisiting this order block, price printed a clear rejection candle, signaling strong buying pressure and suggesting that so-called “smart money” continues to defend the zone aggressively. Market structure analysis shows a prior Change of Character (CHoCH) followed by a BOS, reinforcing the idea that the latest decline represents a pullback within a higher-timeframe bullish trend rather than the start of a sustained downturn.

As long as price holds above this demand zone, the technical bias remains firmly constructive. A clean break and close below the order block would invalidate the setup and raise the risk of deeper consolidation. However, if support holds, gold is likely to resume its upward trajectory, initially targeting internal highs before extending toward external liquidity above the most recent weak high.

TRADE RECOMMENDATION

BUY GOLD

ENTRY PRICE: 4460

STOP LOSS: 4430

TAKE PROFIT: 4530

Risk Warnings and Disclaimers

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Eva Chen

Commodity

Summary:

Gold prices extended Monday's strong gains, testing and approaching the US$4,500 level. Escalating geopolitical tensions coupled with broad dollar weakness have jointly supported gold's upward momentum; however, the rally may pause as prices approach a potential reversal level.

SELL XAUUSD

Close Time

CLOSED

4486.16

Entry Price

4357.00

4532.00

4479.98 -4.18 -0.09%

57.7

Pips

Profit

4357.00

4480.39

Exit Price

4486.16

Entry Price

4532.00

Fundamentals

During the Asian session on Tuesday, gold prices hit another record high, nearing US$4,500. Expectations of further interest rate cuts by the Federal Reserve and geopolitical concerns fueled safe-haven demand, boosting gold prices.

Additionally, the U.S. seizure of a Venezuelan oil tanker has introduced fresh uncertainty into a geopolitical landscape already fraught with multiple pressures, including the Russia-Ukraine conflict. However, while U.S. pressure on Venezuela continues to fuel market jitters, this situation may prove insufficient to sustain prices at record highs during this shortened trading week due to the Christmas holiday.

Gold Prices Hit New Highs as Geopolitical Risks Spread, but Follow-Through Momentum Remains Uncertain_1

Technical Analysis

During Asian trading hours on Tuesday, gold prices surged strongly, approaching the historic high of US$4,500 per ounce. This continued the two-month rally that began after hitting a low of US$3,886 in October. Multiple factors drove the price higher, including market expectations of an interest rate cut by the Federal Reserve, news of potential escalation in tensions between Israel and Iran, and the U.S. reimposing oil sanctions on Venezuela.

Bulls must now ensure prices hold above the intraday low of US$4,470 to advance toward the psychological barrier at US$4,500, then continue pushing toward the key resistance level at US$4,685.

However, from a technical perspective, while the MACD's upward movement is another encouraging signal, caution remains warranted as the Relative Strength Index continues to strengthen within the overbought zone.

If upward pressure subsides immediately, the first key support zone is the previous historical peak of US$4,381 reached on October 21, with the next critical support level at US$4,307. Should this support level be breached, it would signal that this rally has peaked, potentially plunging prices back into prolonged sideways trading.

Overall, the precious metals market is entering uncharted territory and may experience a Christmas rally. Both bulls and bears are setting new records, so stop-loss levels should not be set too wide. Trade within your means.

Trading Recommendations

Trading Direction: Sell

Entry Price: 4495, 4502

Target Price: 4357

Stop Loss: 4532

Valid Until: January 8, 2026 23:55:00

Support: 4470, 4442, 4429

Resistance: 4498, 4502, 4515

Risk Warnings and Disclaimers

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Tank

Forex

Technical Analysis

Summary:

Japanese Finance Minister Satsuki Katayama stated that the government stands ready to intervene in the foreign-exchange market to counter excessive one-sided moves, providing the yen with temporary support. Although stealth intervention by Japanese authorities could help the yen rebound, the recovery is unlikely to last long as investors remain cautious about the Bank of Japan(BoJ)'s monetary-policy outlook, the primary driver of the currency's weakness.

BUY USDJPY

EXP

TRADING

155.981

Entry Price

160.000

154.000

155.879 -0.348 -0.22%

0.0

Pips

Flat

154.000

Exit Price

155.981

Entry Price

160.000

Fundamentals

Japanese Finance Minister Satsuki Katayama said the government stands ready to intervene in the FX market to counter "excessive, one-sided" moves, giving the yen a short-lived lift. Although stealth Ministry of Finance (MoF) bids are expected to slow the currency's slide, the rebound is unlikely to last as investors remain wary of the Bank of Japan's (BoJ) policy trajectory, which is the main driver of yen weakness. A former Policy Board member suggested the BoJ could still deliver three more hikes before Governor Kazuo Ueda's term ends, taking the overnight call rate to 1.5%. The first move to 1.0% is pencilled in for mid-2026, contingent on U.S. growth and Japan's wage-price dynamics.

As the policy rate edges toward the neutral zone, additional tightening will become harder and face push-back from the government's reflationist camp. Tokyo is therefore trying to channel part of the $7 trillion in household financial assets into JGBs, launching new retail bond products and incentive schemes, to offset the BoJ's tapering. Retail JGB sales in FY2025 jumped 30.5% YoY to $5.28 trn, the highest since 2007, helped by rising yields. The MoF has expanded the product slate and is backing a 30-year JGB ETF to lock in individual investors for the long run. Past retail campaigns met with limited success, but the 10-year JGB yield punching through 2%, a 26-year high, and the 30-year yield topping 3% for the first time on record are proving a more compelling lure. With the central bank reducing purchases and banks constrained by capital rules, households are now viewed as the marginal buyer.

Across the Pacific, the dollar is on the back foot as markets price further Fed easing and President Trump tweets for lower borrowing costs. Fed Governor Adriana Kugler told Bloomberg TV that recent data are "consistent with a soft-landing narrative" and warned that withholding rate cuts would raise recession risk. Opposition to a 50 bp move will fade as rates decline. Traders are now looking to Tuesday's advance Q3 GDP print: the consensus is for annualised growth of 3.2%, down from 3.8% in Q2.

Technical Analysis

Daily: The Bollinger bands on USDJPY have contracted and the moving averages have flattened. After last Friday's bullish breakout above the upper Bollinger band, price has spent the past two sessions testing the mid-band, confirming the move. The short-term up-trend has resumed. A sustained hold above 155 should open a fresh test of 158–160. The MACD has printed a golden-cross with the fast-slow lines bouncing off the zero axis, signalling the correction is complete. RSI at 52 reflects a wait-and-see mood. Immediate support sits at 156.10 and 155.

Weekly: The Bollinger bands are widening upward and the moving averages are fanning out, leaving the bullish structure intact. The post-golden-cross MACD has lifted both lines back above zero, while price continues to ride the EMA12 higher classic strength. RSI at 62 shows investors are net buyers.

At this stage, traders are advised looking to buy dips while the prevailing uptrend remains in force.