The general trend is descendant. 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: 11.5390. …
News of the day, Monday, April 18
Inflation in Germany will remain at a level of 7-8%, as Deutsche Bank Vice President Karl von Rohr said. He predicts that the restriction of Russian energy sources would cause an increase to more than 10%. "Our forecast is that we will be …
Gold opened the week's trading on a strong rebound movement to the top, surpassing the top of 1980.00 that it formed last week, in an attempt to reach the main target 1996.00 and then the levels of 2000.00.
The moving averages support the price to rise further, as it is …
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