The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish trend, and Stochastic Oscillator signals oversold conditions.
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss is under the …
News of the day, Tuesday, April 5
Saudi Aramco, the world's largest oil company, raises crude prices for the U.S., Europe and Asia in May. Such moves are usually consequent of production increases: someone starts to produce more oil, then Saudis raise prices. Last week the USA announced to release …
Gold prices returned to the movement above the support 1921.60 to continue the sideways path within which the price has been moving for three weeks.
The moving averages are pressing prices to return to the downside, as it is moving above the price and forming a resistance level between (1926.70-1933.00), …
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