HELLO TRADERS
Before we talk about XAUUSD lets first check out the dollar index DXY
DXY has been bullish and we expect a continuation higher after a
correction targeting 105 and 106, and as we know strength of DXY is
weakness for XAUUSD we expect bearishness for XAUUSD
see DXY chart below
now back to XAUUSD
XAUUSD has been bearish for a while we currently expect
correction higher before resuming its downtrend to 1800
IF YOU FIND THIS IDEA VALUABLE SUPPORT IT WITH LIKES TO REACH MORE TRADERS
Before we talk about XAUUSD lets first check out the dollar index DXY
DXY has been bullish and we expect a continuation higher after a
correction targeting 105 and 106, and as we know strength of DXY is
weakness for XAUUSD we expect bearishness for XAUUSD
see DXY chart below
now back to XAUUSD
XAUUSD has been bearish for a while we currently expect
correction higher before resuming its downtrend to 1800
IF YOU FIND THIS IDEA VALUABLE SUPPORT IT WITH LIKES TO REACH MORE TRADERS
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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.
Related publications
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.