The British pound against the dollar stays stable above the 1.3470 level, which keeps the bullish corrective trend scenario active for the upcoming period. The price is waiting to visit the 1.3540 level initially.
However, breaking 1.3470 will stop the expected rise and pressure the price to resume the main …
The recent gold price trades are confined within a bullish triangular flag pattern whose features appear in the above chart, and therefore, the price needs to breach the 1868.50 level to activate the positive effect of this pattern and then rush towards our positive targets that start at 1900.00 and …
#MT
The overall trend is upward. The descending wave pattern is truncated. The support level of 26.47 holds back the sellers. A bullish divergence has formed on the Awesome Oscillator. The inclined channel of the truncated descending pattern is breached.
Trading idea:
Buy at the break of 27.63.
Stop Loss: …
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