Gold loses interest as a refuge, DXY with bullish force
We have two consecutive quarters with losses in the markets. The bulls defend the last of the supports before a big drop, located at 1613. The great resistance to overcome is at 1637. If we remain below this level, we will see the bearish force renew. The dollar index has broken an important resistance level, heading towards the 114 level. The specter of the recession in the US continues and there are still no signs of a change in trend in the markets. In addition, the results of technology companies have not been very good, further weakening the confidence of investors in search of a change in trend. This is not investment advice, good trades and profits!!
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.