Futures contracts for gold prices fluctuated in a narrow range tending to decline during the Asian session amid the positive stability of the US dollar index according to the inverse relationship between them on the cusp of developments and economic data expected today, Tuesday, by the US economy, the largest …
The pair may continue to rise locally as the demand for risk assets and stocks remains strong. Markets hope that the $2.4 trillion stimulus plan for the citizens and businesses proposed last week by the Democratic Party will support the positive sentiment. The dollar will remain under pressure if …
The price strayed from the lower border of the ascending price channel. Awesome Oscillator indicates a bullish divergence, while the moving averages of Stochastic Oscillator are directed outwards from the oversold zone. A breakout of 164.10 will result in the formation of an ascending 1-2-3 pattern within the ascending …
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