Seeing DXY just drop dead to this area ! Have got news such as retail sales which could show little signs of strength, however overall im seeing DXY leak...
Can see price opening and accumulating...Waiting for price to tap into demand for buys !
We can see price accumulating, ready to target the highs back to the 2000 area !
The consensus for PPI is to come out lower which is negative for the $, if that is the figure then we could see this play out for XAU ! On the other hand if PPI comes out high, we will see XAU shorts. Current price does look like a reaccumulation.
Expecting a pull back on DXY, causing XAU to drop for big buys to 2000 area for shorts ! Check my other 12H XAU chart to keep up...
Possible to look for longs from this demand, previously posted the demand below, however we look to respect this area for buys to 2000 !
Broke the low on my previous long post, so we are looking at weakness overall for the $, Expecting a slight pullback on the $ ready for big shorts...Eyes peeled on the potiential zones.
Expecting a pull back for the $ to enter nice longs on xxx/USD pairs !
Follow up on my previous post, we saw how price reacted from market open...causing a CHoCH in our demand zone, ready to push up. Nice 15m Entry with 1m confirmation targeting the highs and possibly higher !
@ZH-FX We can see how price swept liquidity and pushed to the upside causing a BOS....Also how it's accumulating on the LTF, possible entry with LTF confirmation targeting the high and potentially further !
Shorting to demand, for big buys for the Euro ! Expecting Euro strength over the $...