The beginning of the success of creating economic balance
From the beginning of 2022, pressure policies were applied to control the heat of the market, which is gradually showing signs of decreasing heat in this round.
As a leading institution, the market, which has reacted early to this trend, took support after the first sign of decline this month. But these signs still follow the continuation of policies until the market heat completely cools down.
In the last analysis, we showed the continuation of the decrease on the condition of breaking the specified levels to the specified targets.
After the price fell to the first range of $20,850, which converged with the upward trend line, the market is resting and receiving more news from the head of the Federal Reserve, who is scheduled to give a speech at an important meeting of Jackson Hole tomorrow.
Confirm continued decline to the next range of $19,600, consolidation below $20,850.