Gold price shows new positive trades, but it faces strong resistance formed by the EMA50. Gold is waiting to cross this barrier to facilitate the task of heading towards our next positive station, which is located at 1825.15.
Therefore, our bullish trend expectations will remain valid and effective for the …
The pound sterling against the dollar confirmed breaching the 1.3525 level after ending yesterday’s trading above it, reinforcing the expectations of the continuation of the bullish trend, and the way is open to achieving the next target at 1.3610, whose breach represents the key to confirm restoring the main bullish …
Mirror level 155.45 restrains buyers. The ascendant wave structure is truncated. Currency pair fluctuates between 365 and 135 moving averages. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trade idea:
Sell when the descendant wave structure forms, where a wave (A) breaches through the inclined channel of …
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