The price of gold is correcting down for two reasons. Firstly, the asset is technically overbought, secondly, there’s an increase in demand for stocks with potentially bigger profits in the future. Expect that the gold to remain under $2,000 per ounce.
Technical side:
The price is below the …
The overall trend is upward. A descending truncated H2 level pattern has formed. Awesome Oscillator indicates a bullish divergence. The currency pair is trading in the range of 365 and 135 moving averages.
: monitor the price movement in real time.
Trading recommendations:
Buy when an …
The support level of 168.80 continues to hold back sellers. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator indicates an oversold condition.
: monitor the price movement in real time.
Trading recommendations:
Buy when an ascending wave pattern is formed.
Stop Loss under the support …
Don't have your language?
