Weekly Forecast (January 3 – 5, 2023)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 761, which will be followed by reaching resistance level 817 and 848.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 761, which will be followed by moving down to support level 732.
Monthly Forecast, January 2023
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 723, which will be followed by reaching resistance level 947,2.
Downtrend scenario
An downtrend is not expected this month.
