The end of the year affects the volatility of the market. It decreases significantly, which is what we are observing now. The price has been in a very narrow price range almost all month, moving clearly from its upper boundary to its lower boundary.

So far this chattering is considered as a part of the corrective wave iv, which, eventually, implies a downward exit. However, probably during today’s trading day, and tomorrow’s trading day, nothing interesting will happen. The price will remain within the emerging sidewall.

In this regard, it is recommended to remain on the sidelines for the time being.

Recommendations: flat.