Gold price futures fluctuated in a narrow range tilted toward decline during the American session to witness its bounce back for the third session in five sessions from its highest since January 23, 2013 amid the US dollar index rebound to the second session from the lowest since the sixth …
Global stock markets continue to decline. The resistance level of 391.00 holds back buyers. A strong bearish divergence is forming on Awesome Oscillator, and Stochastic Oscillator showed an exit from the overbought zone.
Trading recommendatoins:
Sell below 368.00.
Stop Loss: 391.00.
Target levels: 343.00; 323.00.
The US dollar fell during the Asian session to witness its bounce back to the fifth session in seven sessions from the top since April 25, 2019 against the Japanese yen after the developments and economic data that were reported by the Japanese economy and on the cusp of developments …
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