Monthly: very little time remained before closing month bar, and it is clear that nothing extraordinary will happen here. We expect the index to be based within the same range.
Weekly: active bullish week, but we still expect strong resistance in the area of 2113.0 and a further flat within the current range.
daily: localized resistance at the middle Bollinger band (2065.5)
The main scenario - a downward oullback from the area 2065.5 to 2003.3
Alternative - a higher leap to the zone 2113.3.
solutions: refrain from trading.
Monthly: a medium-term diagnose for the oil remaines unchanged - falling at an average pace towards 24.54
Weekly: against the backdrop of bullish convergence price correction in the area of the middle band (46.96) may take place, which, of course, will not change the overall scenario of further decline
daily: another resistance that can stop a corrective growth - is 40.48 (the middle Bollinger band)
The main scenario - correction to 40.48, and then a new phase of decline after the holidays, in the direction of 33.90
Alternative - substantial correction to 46.96 (if resistance 40.48 is broken)
solutions: looking for sale from one of the resistance lines.
Monthly:Gold is preparing for trending distribution, but it is likely that holidays will delay such a scenario.
Weekly: bullish convergence, therefore a correction to the middle Bollinger band (1114.72) may take place
daily: flat range 1052.35-1084.88
The main scenario - flat 1052.35-1084.88
Alternative - a more substantial correction to 1114.72.
solutions: we shall monitor Sell signals at the levels of 1084.88 and 1114.72. The goal - 1052.35
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