Gold Spot / U.S. Dollar
Short

Gold Weekly Chart

47
Gold still below some key technical levels and with the prevailing market optimism
as well as remaining in its HTF bearish channel, I can see a potential continuation down.

With that being said, the U.S Dollar is still very bearish and so we do have the potential to
consolidate on the HTF as well.

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.