On monthly tf price is trading in bearish territory (Below Yearly S1) thus suggesting further losses during december. On weekly tf price closed in the lower half of Pivot interval Monthly PP-S1, thus consolidating with a bearish bias. Price is expected to consolidate further with bearish pressure and hold in the range of Monthly R1-S1 with bias to the PP-S1 range during the coming week. On daily tf price closed just below the weekly PP which is suggesting more consolidation during monday with price moving between Weekly R1 and S1. RSI is showing some bullish divergence and until the trendline is broken, price is expected to consolidate further. Overall, price is expected to test the long term trendlines within next month and thus will have to breach the Yearly S2 at 1,2322.