This/Next Week Forecast (January 4 – 8, 2021)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 633, which will be followed by reaching resistance level 690.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 622, which will be followed by moving down to support level 592.
previous week forecast
Fundamental Analysis
Difference between supply and demand shows fair price on the level 540.
Monthly Forecast, January 2021
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 633, which will be followed by reaching resistance level 690.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 633, which will be followed by moving down to support level 572.
previous month forecast
