Gold started with a bullish rebound movement to the upside. It broke the resistance level 1890.80 and reached the next resistance 1905.00, forming several attempts to breach it at the moment of writing this report. The support for this movement comes from the 20 EMA that was moving with the …
The GBP/USD started correcting the downside path after breaking the resistance level of 1.2500 and reaching the level of 1.2470. In general, the continuation of the bearish trend remains the most likely during today's trading, and the fun is to extend to the level of 1.2400 and then 1.2350.
The …
#GM
The general trend is ascendant. The descendant wave structure is truncated. The support level 37.54 restrains sellers. The false breach of the level has formed. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) …
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