All visible indicators show me that XAUUSD will continue moving down for next few weeks maybe months but afterwords will reverse.
XAUUSD is inversely correlated to DXY that means DXY is moving up while XAUUSD is moving south:
XAUUSD is inversely correlated to DXY that means DXY is moving up while XAUUSD is moving south:
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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.