LONG - XAUUSD ? - Weekly setup
We have already created a good support area and the price rejected the monthly support(purple area), but the bad part is we don't have a confirmation yet until we get the results on Tuesday's news. The news is targeting both US and CAD, which are correlated
Currently, DXY still has not broken the bearish channel so there is a possibility.
Be ready like Jerone Powell - LOL.
Currently, DXY still has not broken the bearish channel so there is a possibility.
Be ready like Jerone Powell - LOL.
Note
DXY broke the channel...It's a bearish time
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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.