Gold price ended yesterday’s trading below 1,797.00. It provided signs of a possible return to the decline. We notice that the EMA50 is trying to protect the price from incurring more losses, while the Stochastic Indicator is showing clear positive signs now.
Therefore, this conflict between technical factors makes …
News for today, Monday, December 20:
The dollar, which normally moves inversely to gold, inched up on Monday. The U.S. dollar is at its 17-month high after Federal Reserve officials signalled a first pandemic-era interest rate increase could come as early as March.
Gold futures edged down 0.18% as the …
#DAL
The descending truncated wave pattern has completed by the breach of the inclined channel. There is a bullish divergence on the Awesome Oscillator. The entry point is shaping on the “rollback of wave B”.
Trading idea:
Buy when the ascending wave pattern is forming, on the breach of 37.24 …
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