The overall trend is upward. The round important level of 0.9000 holds back sellers. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition.
monitor the price movement in real time.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave …
Gold is trading above $ 1875.00 per Troy ounce on the weaker dollar and expectations of its further decline. Continued demand for stocks, along with the massive stimulus package in the US which weighs on the dollar and drives up the gold.
Technical side:
The price is above …
Wednesday, December 23rd, today’s news—the US President Donald Trump sends the stimulus bill back to Congress and demands larger direct payments to citizens. American markets are flat, European markets rise as the EU negotiators report progress in the Brexit talks, the US dollar is down even as safe-haven assets are …
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