Gold managed to breach the support level 1926.80, but it kept moving near this level in an attempt to end the sideways path and start a bearish path, provided it remains below the mentioned level and stays away from it to the downside.
The moving averages are an additional factor …
The GBP/USD pair was able to breach the resistance level 1.3180 and started in a strong bullish path, and reached the next target at the 1.3280 level, thus achieving the first target of the ascending path.
Stability in the movement above the level of 1.3180 is an important condition for …
#CS
The trend is descendant. The share is fluctuating between 365 and 135 moving averages. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trade idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel …
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