If you look at gold in francs, it's not close to a breakout.
Gold looks like it's breaking out because we trade in dollars. I'm only entering the gold trade if the dollar index loses 100 support.
Gold looks like it's breaking out because we trade in dollars. I'm only entering the gold trade if the dollar index loses 100 support.
Note
Heck, it's been drifting sideways for 2 months if you look at it in francs, lol.Note
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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.