If the Dollar Index (DXY) experiences a significant rally, particularly if it manages to sweep Buy-Side Liquidity (BSL) levels, this could exert downward pressure on the price of gold. Traders should monitor DXY's price movements closely, especially in relation to demand and support levels, for insights into potential gold price trends.
This trading plan incorporates mechanical strategies along with smart money concepts.
Please be aware that investing in FX, Crypto, or any financial instrument carries inherent risks. It's advisable to consult a financial advisor or conduct thorough research before making any investment decisions.
This trading plan incorporates mechanical strategies along with smart money concepts.
Please be aware that investing in FX, Crypto, or any financial instrument carries inherent risks. It's advisable to consult a financial advisor or conduct thorough research before making any investment decisions.
This trading plan combines mechanical strategies with smart money concepts to help you make informed decisions. For more information, please follow me linktr.ee/CipherSMC
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
This trading plan combines mechanical strategies with smart money concepts to help you make informed decisions. For more information, please follow me linktr.ee/CipherSMC
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.