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Gold Spot / U.S. Dollar
Updated

LITTLE RETRACE

279
With divergences (down) from several indicators, XAUUSD drops while DXY gains value, I see XAUUSD is now little exhausted and may be pulled back to 1600 level. But I expect this thing happens in short term only.
Note
Extremely sorry. I meant even when DXY dropped value, XAUUSD couldn't manage to go up. That means XAUUSD is now exhausted.
Robert_Shin
Trend Analysis

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Trend Analysis
Robert_Shin

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.