Precious Metals in the Spotlight - Bullish Sequences
From orbex.com
Gold and Silver have been rising consistently for an entire trading week, ever since the greenback started tumbling. The bullish sequences appear to be taking forms of impulses; therefore, it can be said that XAU/USD and XAG/USD could be poised for more gains ahead. Relating to these aspects, a clearer picture has been painted with the recently posted “November and its Intriguing Charts – FX Majors” video. Gold has been labeled in an impulse, with Minuette (i) (black) currently awaiting its last legs towards a possible completion for the current degree. An Ending Diagonal could occur soon, and a bearish divergence ...
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