Gold price provided additional positive trades to test the pivotal resistance 1797.00, and it starts showing bearish rebound signals now, as it maintains its stability below the broken support of the bullish intraday channel that appears on the chart. Meanwhile, the stochastic indicator shows clear negative signs that are likely …
The pound sterling against the U.S. dollar was able to confirm breaking the 1.3665 level after closing the daily candle below it, reinforcing the expectations to continue the bearish trend. The price is heading towards the 1.3605 level, which is our next target. The negative effect of the double top …
#FRE
The descending wave pattern is truncated. The support level of 39.07 contains the sellers. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of …
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