Gold failed to breach the resistance 1827.20, then returned to complete the descending path within the descending channel shown in the chart. And it reached the support level 1810.90 and is trying to breach it, and the target will be the level of 1780.00.
The moving averages formed resistance levels …
The general trend is descendant. The currency pair is trading between 365 and 135 moving averages. The ascendant wave structure of the M30 level is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The pivot 2 of wave C is breached.
Trading idea:
Sell when the …
#BAC
The trend is ascendant. The descendant wave structure of the H4 level is truncated. The mirror level of 34.26 restrained sellers. 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 …
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