Gold broke the support level of 1890.00 and opened the way for a downside path that will extend to the level of 1846.00 at the very least. Therefore, we expect more declines in the coming period.
The moving averages are pressing the price to continue the movement downwards, as it …
The GBP/USD pair has achieved all its bearish targets. And it reached the support 1.2520 after the strong downside movement that the price formed during this week.
The price is settling in the movement at the support level temporarily, and we are waiting for the price behavior at this level. …
#MKS
The general trend is ascendant. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The descendant wave structure is truncated and tested the support level of July 2021.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of …
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