The general trend is ascendant. The descendant wave structures of H1 and H4 levels are truncated. Gold is traded between 365 and 135 moving averages. 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 …
News of the day, Friday, April 22
Tesla has reported the revenue data for the first 2022 quarter. The YoY total revenue increased by 81% to $18.76 billion and the net profit is $3.31 billion which is seven times more than the results of the 2021 first quarter. This is …
Gold is back to test the 1953.80 resistance in an attempt to correct the strong downside movement that occurred two days ago. Therefore, the price's success in breaking the resistance level will motivate buyers to increase purchase contracts, and thus try to push prices to rise further towards the level …
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