Wednesday, June 9th, today’s news—the US dollar fell against most major currencies. Investors await the publication of data on changes in consumer prices in the United States in May. The consensus forecast of experts surveyed by Trading Economics provides acceleration of inflation in the US in May to 4.7%. In …
#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 …
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