Gold prices rebounded below the support level 1953.80, which formed an upper limit for the price movement previously. Where gold started the week's trading with a new negativity in an attempt to return to the previous sideways path between the support 1.926.70 and the resistance 1953.80.
The moving averages form …
The pound sterling against the dollar was unable to stabilize above the 1.3180 level, to start the week's trading with clear negativity, breaching the mentioned level and paving the way for a bearish path, ending the bullish movement that it tried to form last week, even if temporarily.
It should …
#BA
The general trend is descendant. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The share is traded between 365 and 135 moving averages and the upper border of the descendant price channel. The inclined channel of the ascendant truncated structure …
Don't have your language?
