This/Next Week Forecast (August 15 – 19, 2022)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 97,10, which will be followed by reaching resistance level 109,925.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 97,10, which will be followed by moving down to support level 92,650 and 86,825.
previous week forecast
Monthly Forecast, August 2022
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 97,10, which will be followed by moving up to resistance level 109,925.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 92,650, which will be followed by moving down to support level 83,300.
