TVC:GOLD As the central banking meeting in Jackson Hole proceeds, a bearish divergence was spotted within GOLD price trend. USD/GOLD price diverged against MFI oscillator after GOLD formed a higher high, reaching 1534USD/OZ at a given trend channel. This bearish divergence indicates a slight buyers hesitation after GOLD peaked at five-year-high which was led...
BITFINEX:BTCUSD After a major bearish movement of the day ( 10885USD to 9830USD ) BTC/USD pair found temporary support at 9830USD price level. It is highly possible, we will witness a short retracement back to 9300USD price area, which is marked as 38.2% Fibonacci retracement in a given chart. Since Bitcoin/Dollar pair is starting to trend bearish ( lower high...