Weekly Forecast (August 28 – September 1, 2023)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 608, which will be followed by reaching resistance level 646 and 687.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 608, which will be followed by moving down to support level 537.
Monthly Forecast, July 2023
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 680, which will be followed by moving up to resistance level 778.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 638, which will be followed by moving down to support level 587.