Since the US DXY is in a slow decline we can look to the XAUUSD for strength. Up upwards channel is due for a third touch on the outer resistance line which meet the recent price of 1611.498 until the great short.
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.