Gold futures fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound from the top since the fourth of August, overlooking the rebound of the US dollar index for the sixth session in seven sessions from its highest since the fourth of November, …
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages directed upwards. The descending wave pattern of the H2 level is truncated. There is a bullish divergence on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.
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Monday, August 30th, today's news — a category four hurricane hit Louisiana on Sunday, electricity was cut off throughout the city. The dollar is getting cheaper against the euro. The price of Brent oil is $71.50 per barrel, WTI — $68.23. EUR/USD is at 1.1799, GBP/USD—1.3761, gold is at $1,1817 …
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