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Gold analysis


Gold continues to move sideways after the price returned to test the support 1921.60 again, and the price is trying to pressure it to breach it and start a bearish path towards the next support 1909.00.

The moving averages are pressing the prices for more decline, as they are moving …

GBP/USD currency pair analysis


The pound sterling against the dollar continues its bearish movement after it managed to breach the support level 1.3127 and reached the next target 1.3070, where trading settled near it. The price's success in stabilizing below the 1.3180 level increases the chance of reaching the main support level 1.3000 within …

Trading idea for Advance Auto Parts Inc. (NYSE)


#AAP

The general trend is descendant. The share is traded between 365 and 135 moving averages. Awesome Oscillator indicates bearish trend, and Stochastic Oscillator signals overbought conditions. The ascendant wave structure is truncated.

Trading idea:

Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined …

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