Gold: short-term trade ideas
Everyone is interested in trading gold (XAU/USD). The meeting of the Federal Reserve at 21:00 MT time (GMT+3) will certainly drive the price.
AUD/USD returned down
Information is not investment advice
AUD/USD has been falling since the start of 2018. On W1, the pair formed a “Falling three method” candlestick pattern. Usually, it points at the continuation of the downtrend. The Awesome Oscillator both on W1 and D1 is bearish. The weekly pivot point is located at 0.6911: as long as the pair is trading below this level, the odds are that it will test lower levels.
Elizabeth Belugina
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AUD/USD is looking badly
AUD/USD began the week slightly higher reaching as high as 0.7725 before declining earlier today to 0.7690’s.
Is gold ready to shoot up?
Gold price formed a bearish harmonic ‘Butterfly’ pattern. Still, the detour to $1760 may be the decline it forecasts. In addition, even the pattern allows expecting the increase up to $1780.
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Gold: short-term trade ideas
Everyone is interested in trading gold (XAU/USD). The meeting of the Federal Reserve at 21:00 MT time (GMT+3) will certainly drive the price.
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