General trend: Goldman Sachs saw strong rebounds during yesterday's trading, following the price crashes that it witnessed during the last period, affected by the collapse of the US market indicators, to record its lowest level in 4 months at 194 dollars levels, which Support areas formed, which resulted in the emergence of a new purchasing power, which pushed prices down to 209 dollars, which constitutes price resistance represented by strong offer areas, which we are not likely to witness penetration of these levels, and return again to the short-term declines, and retest levels of $ 190 .
As for the alternative scenario: In the event that the price breaches the resistance of the $ 210, we will see more increases to $ 220 and then the $ 233, which is the least likely possibility at the present time, taking into account the presence of a flow indicator Liquidity at oversold levels.
Expected general trend: Down (in case of failure to breach the resistance).
Estimated traffic range: 210 to 190