#GLEN
The general trend is ascendant. The descendant truncated wave structure has finished breaching the inclined channel. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when level 4.8270 is breached.
Stop-loss: 4.5360.
Target levels: 5.1436; 5.4480.
Gold returns to the sideways movement after it bounced yesterday from the resistance level of 1846.25 and is moving around the moving average level 50 as a support level.
If trading remains above 1835.00, it reinforces the bullish scenario for the upcoming period, and this thing supports the positivity of …
News of the day, Monday, June 20
Asian shares slipped today and Wall Street futures gained a little amid worries about the further monetary policy tightening.
Nasdaq futures firmed 0.3%, the S&P 500 futures were up 0.2%, MSCI’s broadest index of Asia-Pacific outside Japan lost 0.4%, and the Japanese Nikkei …
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