Gold continues on the bullish path after rebounding up from the lower bound of the ascending channel within which it moves and approaching the resistance level 1795.00 to reach the next target at 1800.00.
The moving averages support the price to complete the ascending path as it moves below it …
Oil prices fell slightly on Tuesday due to the latest progress in last-ditch talks to resurrect the 2015 Iran nuclear deal, which would pave the way for the country to increase crude exports in a tight market.
Brent crude futures fell 14 cents, or 0.1%, to $96.51 per …
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The pattern "key reversal" from the mirror level, 167.83, was formed on the daily timeframe. Awesome Oscillator indicates bearish divergence, and the Stochastic Oscillator signals overbought.
Trading idea:
Sell on a breakout of 164.28.
Stop-loss: 167.83.
Target level: 159.37; 151.50.
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