03.06.2020
The support level 1720.0 is holding back sellers. A downward truncated M30 level pattern has formed, it ended with the breakout of an inclined channel. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversoldness. The breakout of 1729.40 will result in the formation of an ascending pattern within the wave (C) of the H4 level.
Trading recommendations:
Buy above 1729.40.
Stop loss: 1720.0.
Target levels: 1744.0; 1753.0.
If the price falls to the support level of 1720.0, cancel the trading plan.
The GOLD rate online: monitor the movement of an instrument in real time.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
