Market Conditions During the Week

This week, the market started with a slow rise, with prices increasing during the day session. After a dip to around 92000 during the European session, prices rebounded. Due to a decrease in non-farm employment, prices rose back to 95000 in the U.S. session, and over the weekend, they fluctuated within the range of 95500 - 93500.

Future Trends

1. Breaking 90000 This Week

If the price breaks below 90000 this week, investors who haven’t positioned for short trades may miss out. Short-term bulls will likely face significant stop losses, and market sentiment will quickly shift towards bearishness.

2. Not Breaking 90000 This Week

If the price does not break below 90000 this week, bears will still have opportunities to short at certain levels. If it breaks below next week, it will impact market sentiment, change the positions held, and intensify the tug-of-war between bulls and bears.

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