It moves in sync with its RSI as illustrated by the blue vertical lines on the chart. If this trend continues it will retest, and possibly breakthrough into new highs and once it breaks out I don't see it stopping till $1750. No matter if it is a stock, currency, or commodity, more often than not it will contend with a previous all-time high before surpassing it.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.