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Gold Analysis 05-07-2021

Gold futures fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound for the second session from its highest level since June 18, amid the positive stability of the US dollar index near its highest in three months, according to the inverse relationship …

Trading idea for Commerzbank AG (BM)

#CBK

The overal trend is upward. The descending wave pattern is truncated and the inner descending pattern is also truncated. The Awesome Oscillator shows a Bullish divergence, while the Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy on the formation of an ascending wave structure, where wave (A) breaks through …

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