Monthly: ADX still has a "December" character. The first week of the year must be taken for determination. But there is a possibility that correction will receive the potential for decline to 1864.9 (the bottom Bollinger band)
Weekly: horizontal envelopes, ADX is going through correction. We can also see signs of triangular consolidation and, respectively, the downward potential.
daily: local support (and weekly goal) - 2004.3 (the bottom Bollinger band).
Expectations drop to 2004.3
solutions: sales to 2004.3
Monthly medium-term targets remain unchanged (we can say that they aggravate) - goal 24.54 (the bottom Bollinger Band).
Weekly: increased pressure from ADX, so, in spite of convergence, bears can start a new attack down.
daily: local goal - 33.86 (the bottom Bollinger band).
Expectations: drop to 33.86
solutions: sales to 33.86
Monthly: increased pressure from ADX, so, on a break under the bottom Bollinger band (1068.35), we can expect a strong medium-term trending distribution towards the psychological level of $ 1,000 per ounce.
Weekly: local support - 1040.34 (the bottom Bollinger band).
daily: flat range 1052.35-1084.38, but we also see increased activity of ADX, therefore we cannot guarantee that support would stay on the bottom Bollinger band.
Expectations: drop to 1052.35 (on a break under this level - even to 1040.34)
solutions: sales to 1052.35 and to 1040.34.
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