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Gold analysis

Futures contracts for gold prices fluctuated in a declining range during the Asian session to witness their rebound for the seventh session in a row from the highest since January 8th and to prepare for the longest daily loss marches since March 2020 and to prepare for resuming their weekly …

Trading idea for Industria de Diseno Textil (BM)

#ITX

The overall trend is upward. The price pivot zone of 24.40 deters sellers. The descending wave pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

Trading Idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through …

AUDNZD analysis

AUDNZD

The overall trend is upward. The support level of 1.0671 held back sellers. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. The descending pattern of the H4 level is truncated.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks …

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