Gold has tapped into our POI for sells and so far rejecting. Let's see if this huge move can play out!
I've been buying XAUUSD since prices been at early $1,600's. Is it time for a reversal? It's not impossible.
Gold is extremely overbought & moving in positive correlation with the DXY which is unlikely. I am expecting the Dollar to carry on climbing up, which can put an end to Gold's rally. Let's see what happens. I'll be looking to hedge my buy positions with sells.