DXY.GBPUSD.GOlD.Day 4 2025.
No major news with today being a bank holiday in the US which affects the DXY ( Dollar Index).I do not expect sharp moves heading into the NY session with majority of the big players waiting for tomorrow's financial readings so as to understand better the current economic health in the states.Today looks like a continuation of yesterday's trend with the dollar performing fairly good.
[GBPUSD]
We are currently testing fresh lows in this pair which has been in a downtrend since turn of November.Looking to test the previous low which was broken @ 1.23200.Price currently at 1.22700 at time of writing.
[XAUUSD]
After a stellar year for Gold with the precious metal gaining more than 5000 pips it's time for a fresh year.We have been ranging in the 2600-2700 region for the past one month and if prices are to react soon then we need to breakout of the orderblock above.Waiting for NFP data tomorrow to breakout and get fresh moves for the coming week.Price @ 2665 at time of writing...break above 2670 takes us to 2686.
[GBPUSD]
We are currently testing fresh lows in this pair which has been in a downtrend since turn of November.Looking to test the previous low which was broken @ 1.23200.Price currently at 1.22700 at time of writing.
[XAUUSD]
After a stellar year for Gold with the precious metal gaining more than 5000 pips it's time for a fresh year.We have been ranging in the 2600-2700 region for the past one month and if prices are to react soon then we need to breakout of the orderblock above.Waiting for NFP data tomorrow to breakout and get fresh moves for the coming week.Price @ 2665 at time of writing...break above 2670 takes us to 2686.
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