Gold futures fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound for the second consecutive session from its highest level since January 7th, ignoring the negative stability of the US dollar index, according to the inverse relationship between them on the cusp …
The currency pair is trading in the range of the upper limit of the descending price channel. The ascending wave pattern of the H2 level is truncated. Awesome Oscillator shows a bearish divergence. The inclined channel of the ascending pattern is broken.
Trading idea:
Sell when a descending pattern …
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The overall trend is upward. The descending wave pattern is truncated. The support level of 57.86 is holding back sellers. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the …
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