The overall trend is downward. The pivot zone of 1.6820 held back buyers. A bearish divergence has formed on the Awesome Oscillator, and the Stochastic Oscillator moving indicators are in the overbought zone. Breaking through the support level of 1.6745 will result in the formation of a downward pattern of …
The resistance level of 61.00 holds back buyers. In the range of the expected wave (B), flat (accumulation) has formed. A bearish divergence was formed on Awesome Oscillator TF D1, and Stochastic Oscillator indicator showed an exit from the overbought zone.
Trading recommendations:
Sell below 58.60.
Stop loss – 61.00. …
Gold is still in demand due to the weaker dollar and global geopolitical and economic problems. If things remain the same, the prices will be likely to grow.
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is located above the overbought zone and …
Don't have your language?
