The price of gold remains in the range of 1762.00–1797.00. Generally, positive market sentiment and the absence of a strong increase in Treasury yields will support local demand for gold.
Technical side:
The price is above the middle Bollinger band, below SMA 5, but above SMA 14. …
#CME
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. A start fractal has formed above the 135 EMA. A breakout of the start fractal will result in the formation of an ascending pattern of 1-2-3. Awesome Oscillator shows a bullish …
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, …
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