Google shares return to try to enter the rising channel, which was moving within it after it emerged from last week and reached the level of support 1174.84 at the rate of decline of Fibonacci 382%.
SMA 50 is still a support level while 7-20 averages move above the price …
The pivot zone of 5305.0 holds back sellers. Stochastic Oscillator indicator shows the exit from the oversold zone. The breakout of the pivot zone 5378 will result the formation of an upward 123 pattern.
Trading recommendations:
Buy above 5378.0.
Stop loss – 5305.0.
Target levels – 5554.0; 5700.0.
Gold futures fluctuated in a narrow range, tilted lower during the Asian session, shrugging off the decline of the US dollar index for the fifth session in six sessions from its highest since May 12, 2017 The US economy accepted the largest economy in the world which includes the speech …
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