News of the day, Thursday, 13 January
European markets decrease after USA monetary policy quakes. Investors got rattled after the recent news on American interest rates being rocketed – that resulted in a general dip of European stock exchange. DAX futures in Germany fell by 0.2%, FTSE 100 futures …
Gold price closed the daily candle above the level of 1825.15, reinforcing the expectations of the continuation of the bullish trend on the intraday basis, and waiting to obtain a positive incentive to contribute to pushing the price towards the level of 1860.00, which represents our next main target.
Therefore, …
The resistance line 157.78 restrains buyers. The ascending truncated wave of H4 level has finished with piercing the inclined channel. Awesome Oscillator indicates bearish divergence and Stochastic Oscillator’s moving levels have gone outside overbought zone forming bearish divergence.
Trading idea:
Sell below support line 156.72. (When a descending wave pattern …
Don't have your language?
