Gold is trading above $ 1875.00 per Troy ounce on the weaker dollar and expectations of its further decline. Continued demand for stocks, along with the massive stimulus package in the US which weighs on the dollar and drives up the gold.
Technical side:
The price is above …
Wednesday, December 23rd, today’s news—the US President Donald Trump sends the stimulus bill back to Congress and demands larger direct payments to citizens. American markets are flat, European markets rise as the EU negotiators report progress in the Brexit talks, the US dollar is down even as safe-haven assets are …
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages directed upwards. The descending construction is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition.
motor the price movement in real time. …
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