Angry bears are dominating the field right now and not going to retreat after taking large single orders at 680 USD from under bulls noses yesterday. They clearly want to go below the Point of control of auction this week at 630 USD and to gain a foothold there (1st arrow on the screen). Well, let's see how the bulls respond. If they won’t be able to hold 630 USD, then we may see a deeper correction of the uptrend on half of the entire movement - 530-540 USD (2nd arrow on the screen). But we know what a herd of bulls is capable of, no bear can pose a threat to them. A backup plan: if bulls organize themselves in a herd and drive the bears away from the 680 USD, we will see the test at 700 USD and above.
