The general trend is ascendant. The descendant truncated structure has finished breaching the inclined channel. Awesome Oscillator indicates bullish divergence.
Trading idea:
Buy when level 105.043 is breached.
Stop-loss: 104.155.
Target levels: 105.654; 106.371.
News of the day, Friday, July 1
European stock futures are lower today as investors are worried about the global economic outlook. The DAX futures are 0.9% lower, the CAC 40 futures dropped 0.7%, and the FTSE 100 futures fell 0.5%.
The U.S. dollar is higher today near the highs …
Gold continues its bearish movement, as it managed to break the support level at 1800.00, approaching the main target at the value of 1790.00 and thus continues. We have the bearish scenario, which is likely to extend to the level of 1783.00 in the medium term.
The price is affected …
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