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Gold analysis

The price of gold fell strongly yesterday, to record a historical decline in one day, and ended trading below the level of 1916.25, to fall under additional negative pressure expected in the upcoming sessions, on its way to visit the level of 1860.00 mainly.

Therefore, the bearish bias will be …

GBP/USD currency pair analysis

The pair sterling against the dollar rebounded strongly after touching the 1.3310 level, to trade above 1.3390 now, and starts today with more rise to head towards achieving expected gains in the upcoming sessions, and we suggest testing 1.3460 then 1.3525 levels as next positive stations.

Therefore, we expect to …

Trade idea for Ford Industries Inc. (NASDAQ)

#F

The share fluctuates between 365 and 135 upbound moving averages. The descendant structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trade idea:

Buy when the ascendant wave structure forms, where a wave (A) breaches through the inclined channel of the descendant wave structure. …

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