On the 4 hour chart, we can see that we have a strong resistance zone around the 33260 level where we have the confluence of the minor trendline, the previous support turned resistance and the 38.2% Fibonacci retracement level. This is where the sellers are likely to step in with a defined risk above the trendline to target the 32597 level and ultimately a break lower. The buyers, on the other hand, will want to see the price breaking above the trendline to position for a rally into the 34000 resistance zone.