Looks like a fake impulse to the downside, double bottom (W) forming on weekly chart. Divergence indicator surely says BULL is hiding! GOLD in huge trouble.
Note
DXY trend change confirmed after breaking and retesting Monthly Bullish Wedge. Idea was posted on 22 Feb. Hoping King Dollar to touch 94 atleast.
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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.