Gold futures rose by nearly one percent during the Asian session, to witness its rebound for the second session from its lowest since May 3, while it is still on track for the worst weekly performance since March of 2020, amid the US dollar index rebounding for the second session …
The pair remains under strong pressure amid the increased inflation in the US and its stabilization in the eurozone, which in the future may lead to an earlier start of the Fed's monetary policy plan. This will ultimately support the demand for the dollar and put pressure on the …
Descending wave patterns are truncated. Probably, a triple reversal wave pattern has formed. Awesome Oscillator shows a bullish divergence.
: monitor the price movement in real time.
Trading idea:
Buy when an ascending wave pattern is formed, where wave (A) breaks through the pivot of wave …
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