The overall trend is upward. The descending wave pattern of the H8 level is truncated. Awesome Oscillator shows a bullish divergence. The inclined channel of the descending pattern is broken.
: monitor the price movement in real time.
Trading idea:
Buy on the breakout of 1.6154. …
It seems that the US inflation growth is not yet scaring investors, who believe that everything is going according to the Fed’s plan. This has led to a new wave of optimism in the markets, which will support demand for risky assets and put pressure on the US dollar. …
Gold futures fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound to the fourth session in eight sessions from its highest since the eighth of January, amid the rebound of the US dollar index for the seventh session in thirteen sessions from …
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