#BAS
The overall trend is upward. The descending wave pattern of the D1, H4 and H1 levels are truncated. The support level of 64.00 continues to hold back sellers. There is a bullish divergence on Awesome Oscillator, and Stochastic Oscillator indicator signals oversold conditions. A breakout of 65.75 will result …
The currency pair is trading in the range of 365 and 135 moving averages. Probably the descending wave pattern of the H1 level is a wave (B) of the ascending wave pattern of the H8 level. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator indicator signals oversold conditions. …
The gold price hovers around the 1825.15 level since yesterday, and we notice that the stochastic indicator begins to cross positively, waiting to motivate the price to resume the bullish trend, which is organized within the bullish channel that appears on the image, waiting to visit the 1860.00 level mainly. …
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