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 a wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss is …
News of the day, Friday, March 11
Oil prices fall for a second day in a row after President Vladimir Putin pledged Russia will stand by its energy commitments to any oil consumer, even countries that have imposed sanctions after the invasion in Ukraine. Russia exports about 10% of world …
Gold prices started a bearish rebound movement to the downside and failed to breach the top level of 2070.00, which was formed two days ago, to return to the decline and breach the $2000 barrier for an ounce and to settle today at 1980.00 levels.
Prices are moving between the …
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