Gold price futures fluctuated in a narrow range tilted to a decline during the Asian session to witness the resumption of its second session in three sessions from the top since March 9, when it tested its highest since December 18, 2012, condoning the rise of the US dollar index …
The overall trend is downward. The inclined channel of the ascending structure is broken. A Bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. Breaking through the price pivot zone of 288.0 will result in the formation of a descending 1-2-3 pattern.
Trading recommendations:
Sell below …
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