Gold price ended yesterday’s trading with noticeable negativity and settled below 1860.00. However, the stochastic indicator gained positive momentum, and we expect it to motivate the price to rise again, while the EMA50 continues to support the price from below.
Therefore, we are likely to witness positive trades in the …
The currency pair trades in the range of the upper flat border. The resistance level of 114.32 holds back the buyers. A bearish divergence has formed at the Awesome Oscillator, while the Stochastic Oscillator signals overbought conditions. The ascending wave pattern of the H2 level is truncated.
USD/JPY rate online …
The gold price maintains its stability above the 1860.00 level, and obtains continuous positive support from the EMA50. It is waiting for a positive stimulus that will push the price to resume the main bullish trend, whose next target is at 1900.00.
Therefore, the positive scenario remains valid for the …
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