Midterm forecast: 1804.23 is major support; while this level is not broken, the Midterm wave will be uptrend.
Technical analysis: The RSI resistance #1 at 62 is broken, so the probability of continuation of uptrend is increased. While the RSI uptrend #2 is not broken, a bullish wave in price would continue. A peak is formed in the daily chart at 1877. 05 on 11/16/2021, so more losses to support(s) 1834.65, 1814.96, and minimum to Major Support (1804.23) is expected. Price is above WEMA21; if a price drops more, this line can act as dynamic support against more losses. The relative strength index ( RSI ) is 59.