The pound against the dollar continues to move sideways, as it failed to break the 1.2200 support for the third time and rebounded upwards towards the 1.2340 resistance. Therefore, it maintains trading stability above the mentioned support level, and this reinforces the hypothesis of the bullish scenario, which is confirmed …
Gold continues to fluctuate sideways between the support level 1827.20 and the resistance 1846.70.
It returned to test the support and managed to breach it slightly, and we await confirmation of the break until confirming the start of the bearish path, which is likely to extend to the level of …
#JPM
The mirror level 111.45 restrains sellers. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss: 111.45.
Target levels: 123.00; 128.56.
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