See also
With the appearance of the Failing Wedge Pattern and Divergence between the movement of Silver prices with the Awesome Oscillator indicator and the presence of the Bullish 123 pattern followed by Ross Hook (RH) on its daily chart, it gives an indication that the strengthening momentum in Silver is still continuing, even so with the appearance of the Rising Wedge pattern also gives an indication of the possibility of a weakening correction, but as long as the weakening correction does not breaks and close below 28,710, the strengthening of Silver will continue where the level of 32,285 will be the goal to be achieved, even if the strengthening momentum and volatility support it, 32,212 will be the next goal.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful
Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful
With the appearance of Divergence between the price movement of the EUR/JPY cross currency pair with the Stochastic Oscillator indicator also followed by the presence of the Bullish 123 pattern
On the 4-hour chart, the GBP/AUD cross currency pair appears to be moving below its EMA (21) and the Stochastic Oscillator indicator is in a Crossing SELL condition
Our trading plan for the coming hours is to sell gold below 3,224, with targets at 3,203 and 3,156. We should be alert to any technical rebound, as the outlook
On the 4-hour chart of the Crude Oil commodity instrument, the Inverted Head & Shoulders pattern and Bullish Pattern 123 and Divergence between the #CL price movement and the Stochastic
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