I am trading this range currently Long for the day but looking forward to SELL with eventual TP @ 2885.15
as USD has appreciated due to anticipated fiscal policies, tax cuts
and
positive US tresury yeilds can show bearish impact on non yeilding assets like XAU.
Also, the opposite momentum from the crypto correction from the last 2 weeks as the base pair for any /all crypto in the end is USD anyways directly or indirectly
dictates a 1% move will probably be filled within this week.
which drives such tight forecast.
as USD has appreciated due to anticipated fiscal policies, tax cuts
and
positive US tresury yeilds can show bearish impact on non yeilding assets like XAU.
Also, the opposite momentum from the crypto correction from the last 2 weeks as the base pair for any /all crypto in the end is USD anyways directly or indirectly
dictates a 1% move will probably be filled within this week.
which drives such tight forecast.
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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.