Gold futures fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound for the third session in four sessions from its highest since the seventh of January, to prepare for the first weekly losses in five weeks, amid the rebound of the US …
Friday, June 4th, today’s news—The U.S. stock market ended lower on Thursday, as the consumer services, technology and consumer goods sectors led the market lower. The price of Brent oil today is $71.56 per barrel, WTI—$69.08. EUR/USD is at 1.21139, GBP/USD—1.41085, the price of an ounce of gold is $1,872. …
The descending wave pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. The descending wave pattern is probably the wave (B) of the ascending pattern.
: monitor the price movement in real time.
Trading idea:
Buy when an ascending wave …
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