The price of gold declined significantly yesterday after breaking the 1,770.00 level, but it stopped at 1,753.00 and rebounded upwards strongly to settle around the EMA50, within the bearish triangle flag pattern that appears on the image. The Stochastic Indicator loses its positive momentum and appears overbought now. This forms …
News for today, December 15:
The dollar keeps last week gains, while the investors are fixed on a key Federal Reserve policy meeting to see if it would reinforce growing market expectations for earlier and additional rate rises next year.
At the close in Tokyo, the Nikkei 225 rose 0.10%. …
#DAL
The entry point is being formed on the rollback of B. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when the ascending wave pattern is formed, where the wave (A) breaches the inclined channel of the descending pattern …
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