Technical Analysis: Reached their weekly support zone
Next Outlook:
the price should stabilize under 19100 and 18930 to be a downtrend, so the consolidation will be between 19100 and 18930 till breaking
Bullish Scenario:
the price should stabilize above 19100 and close 4h candle above it to be a bullish trend till 19250 and 19525
Bearish Scenario:
any stability under 18930 means will continue the bearish trend to get 18640 and 18440
Key Levels:
- Pivot Line: 19100 - 18930
- Resistance Levels: 19250, 19525, 19625
- Support Levels: 18640, 18450, 18150
Today's Expected Range:
The price is anticipated to fluctuate between the support at 18430 and the resistance at 19250.