As shown in the chart, in the short term, it is expected that a selling opportunity will be formed around October 20th, within the range of 1880-1900. The invalidation level is 1922 for daily time frame.
The target levels for the decline are projected to be 1780/1750/1730. The specific downside target is currently uncertain, but it is highly likely to test the 240-day moving average on the weekly timeframe, which is around the 1750-1760. The earliest time to reach this level would be mid-November, and the ideal period for forming a bottom is expected to be from mid-November to mid-December. It is anticipated that the upward movement will start around mid-December and reach approximately 1960 by the end of January 2024.
The target levels for the decline are projected to be 1780/1750/1730. The specific downside target is currently uncertain, but it is highly likely to test the 240-day moving average on the weekly timeframe, which is around the 1750-1760. The earliest time to reach this level would be mid-November, and the ideal period for forming a bottom is expected to be from mid-November to mid-December. It is anticipated that the upward movement will start around mid-December and reach approximately 1960 by the end of January 2024.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.