#MUV2
The overall trend is upward. The support level of 230.00 remains unbroken. Awesome Oscillator shows a bullish divergence.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel.
Stop loss under the support level of 230.00.
Target levels: 249.00; …
Gold futures contracts fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound for the third session in four sessions from its lowest since May 19, amid the US dollar index resumed rebounding from its highest since 14 of the same month …
The Australian dollar against the US dollar pair continues with quiet negative fluctuation, and as long as the price is below 0.7765, our expectations for the bearish trend will remain valid for the upcoming period, waiting for a negative incentive that contributes to pushing the price to resume the decline …
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