Gold price futures fluctuated in a narrow range tilted toward decline during the Asian session to witness its bounce back for the fifth session in six sessions from the top since March 22, 2013 amid the US dollar index rebounding to the eighth session in thirteen sessions from the lowest …
The US dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound to the fifth session in seven sessions from the lowest since October 10 against the Japanese yen after the developments and economic data that it had reported on the Japanese …
The overall trend is downward. The resistance level of 225.50 holds back buyers. A bearish divergence was formed on the MACD indicator, and Stochastic Oscillator indicator showed an exit from the overbought zone.
Trading recommendations:
Sell below the support level of 222.40.
Stop loss for the resistance level of 225.50. …
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