Short
DXY strenght could happen this week affecting XAU
Some fundamental analysis: JNK bond market could push equity market in a correction and good labor data in the upcoming NFP strengthening the dollar. This could react in XAUUSD price action inside the descending channel.
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Never stop learning
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.