Gold quotes are correcting down after a sharp rise on Monday amid the rising fears of a more global coronavirus spread with a strong negative impact on global economic growth.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. Moving signals give a sell signal …
Global markets continue to decline amid the spread of the coronavirus outside China. The stock is trading flat in the range of its lower border. Breaking through the lower limit of the accumulation zone (38.00) will result in a fall to the range of the support level of 36.90 and …
The resistance level of 1.7150 is holding back buyers. A bearish divergence has formed on Awesome Oscillator. Breaking through the round secondary level of 1.7080 will result in the formation of a descending wave pattern and exit the zone of the round important level of 1.7100.
Trading recommendations:
Sell below …
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