A golden cross has formed on the daily chart — globally it always leads to growth!
However, whenever it forms, there has always been a strong pullback, in 90% of historical cases the price has always pulled back!
Often it pulls back near the cross, and then a powerful rise follows!
Taking a short position is technically undesirable right now, as 107k is support! And on all major time frames, longs are indicated by the technicals!