Gold remains under pressure due to the decreasing demand for defensive assets, nearing the low of October 1st of this year. This trend will continue in the short term, if Donald Trump makes positive remarks concerning a new US-China trade deal at the Economic Club of New York today.
The …
The stock is trading in the range of the round important level of 52.00. The round secondary level of 51.80 holds back sellers. A bullish divergence has formed on the MACD , and the Stochastic Oscillator signals oversoldness.
Trading recommendations:
Buy strictly above the round secondary level 52.20 as the …