The market is currently in an uptrend with new resistance near 4335. Based on recent RSI performance, the market is showing strong upward momentum. This suggests further price gains are likely in the short term. The price is expected to test the 4350 level soon and if it breaks above, we may see bigger gains. Traders should monitor for any signals that may indicate a potential breakout or pullback. This is a critical time to effectively manage risk and monitor for bullish signals. It is important to note that the support area is fixed and as long as this area remains intact, the uptrend will continue. Keep a close eye on price action as the market approaches the 4350 resistance level. If a breakout occurs, the next target may be higher. Stay vigilant and consider entering long trades with a clear risk management strategy. Watch for a possible pullback or consolidation, and be ready to take action if the price breaks higher.

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