The price fluctuated by more than 5% prior to the New York session, an atypical occurrence that suggests increased risk for the week ahead.
Volatility exceeding 130 should be regarded as a cautionary signal.
It may be prudent to reduce trading risks this week
This significant drop could be due to concerns that if the USA election results in a Trump victory, the USA might stop protecting Taiwan, which could cause major issues in semiconductor production.
Important liquidity levels given in the chart.
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