Gold is back to test the 1953.80 resistance in an attempt to correct the strong downside movement that occurred two days ago. Therefore, the price's success in breaking the resistance level will motivate buyers to increase purchase contracts, and thus try to push prices to rise further towards the level …
The pair sterling against the dollar is stabilizing around the resistance 1.3060 after the bullish rebound movement from the 1.3000 support level that occurred during the past two days. Therefore, there is a chance to rise, provided that the 1.3060 level is breached.
With attention to the continuation of the …
#MCD
Bulls tested the mirror level 257.80. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trading idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the ascendant truncated structure.
Stop-loss: 257.80.
Target …
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