Technical Analysis 2025-08-20
Weekly Level: [Predominantly Short]
Pullback in the upward trend, 6 waves, support below 100000;
// If it doesn't break 127000, maintain bearish view and wait for pullback.
Daily Level: [Predominantly Long]
Consolidation in the high range, stabilizing in long positions;
// Support below 112000
Intraday Level: [Predominantly Short]
Downward trend, short at resistance levels, breaking above resistance ends the downtrend;
// Resistance above 115000, support below 112900, 111500;
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Weekly Level: [Wait and See]
Upward trend, not advisable to chase rises, resistance levels retreat;
// Waiting for a pullback to support level 4000
Daily Level: [Predominantly Long]
Upward trend, pullback to near the trendline turning point, waiting for stabilization in long positions;
// Support below 4100, 3940
Intraday Level: [Predominantly Short]
Downward trend, predominantly short, may turn sideways during the day;
// Resistance above 4220, support below 4070, 4010;
