The stock signals overboughtness. The resistance level of 131.32 holds back buyers, Awesome Oscillator shows bearish divergence, and the Stochastic Oscillator signals overboughtness. The pivot zone 128.83 holds back sellers.
Trading recommendations:
Sell Below 128.83.
Stop Loss at the resistance level 131.32.
Target levels - 124.12; 120.37; 117.00.
Gold futures fluctuated in a narrow range tilted to decline during the Asian session to witness the bounce for the second session from the highest since November 7 amid the dollar index rebound for the fourth session of its lowest since the fifth of this month according to the inverse …
The single currency fluctuated in a narrow, bullish range during the Asian session to see its fifth session rebound in six of its lowest since October 10 against the US dollar on the eve of economic developments and data expected on Thursday by euro zone economies and the US economy. …
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