The pivot zone of 5305.0 holds back sellers. Stochastic Oscillator indicator shows the exit from the oversold zone. The breakout of the pivot zone 5378 will result the formation of an upward 123 pattern.
Trading recommendations:
Buy above 5378.0.
Stop loss – 5305.0.
Target levels – 5554.0; 5700.0.
Gold futures fluctuated in a narrow range, tilted lower during the Asian session, shrugging off the decline of the US dollar index for the fifth session in six sessions from its highest since May 12, 2017 The US economy accepted the largest economy in the world which includes the speech …
The single currency of the European Union fluctuated in a narrow, bullish range during the Asian session to see its fifth session rebound in six sessions from the lowest since May 12, 2017 against the US dollar on the eve of developments and economic data expected on Tuesday by euro …
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