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Gold analysis


Gold failed to breach the resistance 1827.20, then returned to complete the descending path within the descending channel shown in the chart. And it reached the support level 1810.90 and is trying to breach it, and the target will be the level of 1780.00.

The moving averages formed resistance levels …

GBP/USD currency pair analysis


The pound sterling dollar pair rose during yesterday's session and the beginning of today's trading, and managed to break the resistance level of 1.2340, and reached the next target at the level of 1.2490.

The moving averages support the bullish movement, but we notice that the price moved away from …

Trading idea for Bank of America Corp. (NYSE)


#BAC

The trend is ascendant. The descendant wave structure of the H4 level is truncated. The mirror level of 34.26 restrained sellers. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined …

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