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Gold analysis for 28.10

Gold price trades positively: it breached the 1797.00 level and attempts to hold above it to activate the bullish trend scenario on the intraday term, which is regular within the bullish channel that appears on the chart. The price’s goal is to visit the 1825.15 level.

The moving average 50 …

Currency pair analysis for today, October 28th: GBP/USD

 

The GBP/USD pair tested the pivotal support 1.3720 and kept its stability above it, to start today with a bullish bias in an attempt to move away from this level. This keeps the bullish trend scenario valid on the intraday and short term, waiting to test the 1.3795 level …

Trading idea for today: Caterpillar Inc. (NYSE)

#CAT

The overall trend is upward. The descending internal wave pattern is truncated. The Awesome Oscillator shows a bullish divergence. Breaking the level of 205.27 will form an ascending wave pattern where the wave (A) breaks through the inclined channel of the descending pattern.

 

Trading idea:

Buy at the …

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