years on the market

GOLD analysis 27.08.2020

GOLD
The overall trend is upward. The descending truncated pattern ended with the breakout of an inclined channel (presumably a wave B H4). Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator indicates an oversold condition. A breakout of 1955.0 will result in the formation of an ascending wave H2 level pattern within the ascending H4 level wave (C).

GOLD rate online: monitor the price movement in real time.

Trading recommendations:

Buy above 1955.0.

Stop Loss: 1902.0.

Target levels: 2009.0; 2068.0.

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