Gold price futures fluctuated in a narrow range tilted towards the decline during the Asian session to witness its rebound from above since March 30, while tolerating the US dollar index rebound from above since 26 of the same month, according to the inverse relationship between them amid the scarcity …
The US dollar rose during the Asian session to witness its bounce to the fourth session from its lowest since March 18 against the Japanese yen amid the scarcity of economic data today by the Japanese economy and the American economy, the largest economy in the world and with the …
The overall movement is downward. The wedge pattern has formed. The moving averages of Stochastic Oscillator are directed downward and signal overboughtness. Breaking through the lower border of the pattern will result in a further downward movement.
Trading recommendations:
Sell below 182.00.
Stop loss: 191.00.
Target levels: 173.24; 165.50. …
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