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Gold analysis

The gold price closed yesterday’s trading below the 1797.00 level, which supports the chances of continuing the decline in the upcoming sessions, to head towards achieving additional negative targets that reach 1770.00, supported by the negative pressure formed by the EMA50.

Therefore, we expect to witness more declines on an …

Trading Idea for BASF SE (XETRA)

#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 …

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