The resistance level of 61.00 holds back buyers. In the range of the expected wave (B), flat (accumulation) has formed. A bearish divergence was formed on Awesome Oscillator TF D1, and Stochastic Oscillator indicator showed an exit from the overbought zone.
Trading recommendations:
Sell below 58.60.
Stop loss – 61.00. …
Gold is still in demand due to the weaker dollar and global geopolitical and economic problems. If things remain the same, the prices will be likely to grow.
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is located above the overbought zone and …
Gold price futures fluctuated in a narrow range tilted to the upside to witness their bounce back for the third session in five sessions from the lowest since January 3 amid the dollar index rebound to the second session from the top since December 26 according to the inverse relationship …
Don't have your language?
