DXY Potentially a falling wedge
Invalidation:
- This analysis fails if the price breakout and close above the upper channel line and August - September 2020 Demand zone
Catalyst:
- Price action
- GDP
- US Unemployment
- PCE
- PMI
- DXY falling wedge
Invalidation:
- This analysis fails if the price breakout and close above the upper channel line and August - September 2020 Demand zone
Catalyst:
- Price action
- GDP
- US Unemployment
- PCE
- PMI
- DXY falling wedge
Note
Target 1, DoneNote
Target 2, DoneNote
The most vital support right now at the 1880 zone. Buyer will get in BIG time at that zones trying to push gold up to 1912 and 1950.If the price can break out and close below the 1880 zone, then it confirmed it would fall to 1840-50 zones.
Note
London and US session tradesEntry zone
CMP
we trade the same analysis and in the same levels
Note
Target 1, 2 and 3, DONE !
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Upgrade Your Trading Station with Gold Cartel
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.