Gold price futures fell during the Asian session to witness its bounce back for the third session in four sessions from the top since March 9, when it tested the highest for it since December 18, 2012 amid the US dollar index rebound for the second session from the lowest …
The US dollar fluctuated in a narrow range slanting toward decline, to witness its bounce for the fifth session from the top since February 21 against the Japanese yen, amid the scarcity of economic data by the Japanese economy at the beginning of this week, and following the extension of …
The overall trend is downward. Stochastic Oscillator signals overboughtness. The assumed D2 level wave B (H4 level pattern) has to be completed with a breakout of the inclined channel in order for the downtrend to continue.
Trading recommendations:
Sell while a descending pattern is forming, where the wave (as) …
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