Gold was unable to maintain the gains that opened the week's trading, as it returned to the decline and tested the support level 1827.20 and breached it in an attempt to start a downward path that will extend to the levels of 1810.90 and then 1800.00.
The stability of trading …
The general trend is ascendant. The descendant wave structures are truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss is under the local …
News of the day, Monday, June 27
The U.S. dollar fell slightly off its 20-year high of 105.79. The dollar index was down 0.35% at 103.608.
European stocks jumped to their two-week highs with the STOXX 600 index up 0.7%.
The rouble weakened today as Russia entered into a sovereign …
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