Entry: Now
Stop loss at 0.70210
Target 0.81357
The AUD/USD have created a double bottom, with divergens on the indicators RSI and MACD on the weekly chart. I will put my stoploss tight at 0.70210. But because of the double bottom formation and divergens on the indcators, I see a really good trade.
This is an analysis based on only technical analysis.
The Gold looks like it has created a bottom at 1.160 and 1.180, and after that, we have seen an uptrend with rising RSI and MACD. If we look on the weekly chart, we have broken the last high at 1.243, and it looks like we have created a new high at 1.266. I will be going long now at 1.255, with a stop loss at...