The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss is …
News of the day, Thursday, March 24
Stock markets were lower yesterday after the last week’s major gains as vast supply disruptions and general economic damage from the Ukraine invasion become even clearer. Russia has announced that the export terminal transporting Kazakh oil to the global market closes for up …
Gold prices rebounded upwards and returned to breach the level of 1926.70 in an attempt to rise again to the level of 1953.80 as a first target for the upward movement. And the attempt to breach it despite the fact that the indicators remain on the continuation of the sideways …
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