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AndersonManilla
Let's begin with another weekly analysis for the XAUUSD pair
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Dec 24, 2023 at 07:17
Analyzing by category:OscillatorsPredominantly Neutral: Most oscillators, including the Relative Strength Index (14), Stochastic (14, 3, 3), and the Average Directional Index (BVMF:DIRR3) (14), show a neutral trend, suggesting a balance in the current market momentum.Divergence: There is a divergence with the Momentum (10) indicating a downward trend and the MACD Level (12,26) showing an upward trend. This may indicate uncertainty about the future market direction.Moving AveragesOverall Upward Trend: All moving averages, from short to long term, indicate an upward trend. This suggests that the...
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