As we can see DXY, dollar index breaks major support, USD is extremely bearish currently. But, Gold can't make a higher high, it shows that investors are now in risk-off mode and felt positive towards economic-reopen.
Note
TP has done!, 1:4.5 Risk and Reward ratio !
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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.