The trend is ascending. The gold is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy when the formation of the ascending wave structure starts, when the wave …
The trend is ascending. The downward inner wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading analysis:
Buy, when the formation of the ascending wave structure begins, when the wave A breaches the sloping channel of the downward …
The trend is ascending. The downward truncated wave structure is finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator.
Trading idea:
Buy at the breach of 168.44.
Stop-Loss at 167.71.
Target price levels are 169.18 and 170.07.
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