Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound to the fifth session in seven sessions from its highest since the beginning of this March, ignoring the bounce of the US dollar index for the second session …
The Australian dollar versus the US dollar provided negative trading yesterday, but it returns to stability around 0.7615, maintaining its stability below it, which keeps the bearish trend scenario valid and effective for today, supported by the loss of the stochastic indicator of positive momentum, waiting to head towards 0.7500 …
#IPGP
The overall trend is upward. The descending pattern of the H4 level is truncated. The formation of a double bottom pattern and a bullish divergence on Awesome Oscillator are likely to appear in the graph.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) …
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