Gold price rushed upwards to breach the 1860.00 level strongly and settle above it, to reactivate the bullish trend scenario that targets testing the 1900.00 barrier as a first positive station.
Therefore, we expect to witness more rise in the upcoming sessions, supported by the EMA50 that carries the price …
The pound is approached against the dollar from a central resistance of 1.3610 but begins with a decline now.
On the other hand, you must pay attention to a breakthrough of 1.3610 that will stop the proposed negative scenario and lead the price to resume the main downward trend again. …
The currency pair fluctuates between 365 and 135 ascendant moving averages. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy when the ascendant wave structure forms, where a wave (A) breaches through the pivot 2 of …
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