Friday, November 27th, today’s news—China's industrial profits rise for the sixth consecutive month, jumping 28.2% in October. European and Asian markets rise, oil and dollar weaken, bitcoin is down nearly $3,000. The price of Brent oil is $47.69, WTI—$44.91, EUR/USD is at 1.1928, GBP/USD—1.3370, gold is $1,808.00 per ounce.
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The stock is trading in the range of 365 and 135 moving averages. A “start fractal” has formed above the moving averages. A breakout of the start fractal will result in the formation of a 1-2-3 ascending pattern. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator signals an …
Futures contracts for gold prices fluctuated in a narrow range slanting to an upward trend during the Asian session, to witness its retracement of the third session from its lowest since July 17, overlooking the decline of the US dollar index and its stability near its lowest since the beginning …
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