Gold price trades around 1805.00, waiting to obtain a positive stimulus that contributes to pushing the price to resume positive trades, which mainly targets the 1825.15 level, noting that breaching 1808.00 will facilitate the price’s mission to achieve the mentioned target.
On the other hand, it should be noted that …
#SIE
The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence.
Trade idea:
Buy when the ascendant wave structure forms, where a wave (A) breaches the inclined channel of the descendant truncated structure.
Stop-loss below the local minimum of the descendant truncated structure.
Target …
The general trend is ascendant. The currency pair fluctuates between 365 and 135 moving averages. Awesome Oscillator indicates bullish divergence. The inclined channel of the descendant structure is pierced.
Trade idea:
Buy when the curve breaches through 10.4281 (when the ascendant wave structure forms).
Stop-loss below the mirror level 10.3628. …
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