Gold Analysis 16-07-2020
Gold price futures fluctuated in a narrow range tilted backward to witness their bounce for the third session in seven sessions from the highest since September 19, 2011, amid the US dollar index rebounded for the second session from the lowest since June 10, when it tested …
The overall trend is downward. The ascending H1 level pattern is currently truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator indicates an overbought condition.
: monitor the price movement in real time.
Trading recommendations:
Sell when a descending wave pattern is formed, where the …
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