Technical analysis
Candlestick pattern: Fakey setup
Gold has been break out from strong support fakey setup at 1240. Price should stay below 1240 and likely to retest 1125 before flying to 1600
Fundamental
USD Strength
reuters.com/article/us-usa-trump-dollar-analysis/trump-and-the-u-s-dollar-actions-speak-louder-than-words-idUSKBN1KA2KK
Candlestick pattern: Fakey setup
Gold has been break out from strong support fakey setup at 1240. Price should stay below 1240 and likely to retest 1125 before flying to 1600
Fundamental
USD Strength
reuters.com/article/us-usa-trump-dollar-analysis/trump-and-the-u-s-dollar-actions-speak-louder-than-words-idUSKBN1KA2KK
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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.
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.