The overall trend is downward. The ascending wave H1 level pattern is truncated, A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicates an overbought condition.
: monitor the price movement in real time.
Trading idea:
Sell when a descending wave pattern is formed, …
Friday, April 30th, today’s news—France's economy grew 0.4% in Q1, beating expectations. Companies post strong earnings, Amazon's year-on-year sales rose to $108 billion, however, the global markets retreat, China's factory activity slowed down, dollar weakens. The price of Brent oil is $67.61, WTI—$64.44, EUR/USD is at 1.2099, GBP/USD—1.3916, gold is $1,771.00 per …
Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound to the sixth session in eight sessions from its highest since February 25, amid the US dollar index rebounding for the second consecutive session from its lowest since …
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