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Gold analysis


Gold trading is settling around the support level 1926.70, with negative pressure from all indicators, and the stochastic indicator starts moving down after the negative crossover, which includes within the previously overbought area.

The moving averages, in turn, are pressuring the price to decline, as the average 50 stopped the …

GBP/USD currency pair analysis


The GBP/USD pair continues its bearish path after testing the resistance level 1.3180 and failing to breach it, to rebound lower towards the 1.3127 support and breach it in an attempt to confirm the bearish path that was formed previously by breaking the 1.3180 level during the past week.

The …

Trade idea for Volkswagen AG (XETRA)


#VOW3

The ascendant wave structure is truncated. Awesome Oscillator indicates bearish trend, and Stochastic Oscillator signals overbought conditions. The share is traded between 365 and 135 moving averages.

Trade idea:

Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the ascendant truncated …

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