Zarvan83

Zarvan83

Very Good probability of Gold breaking out of the upper diagonal resistance . As You can see there are higher higher and higher lower being created , Which is bullish . Too support the upward move of gold the dollar looks week which could push Gold higher .

Zarvan83

Rising Dollar putting pressure on Gold . High probability of Gold goin down to 1886 , 1875 .

Zarvan83

DXY !!! Needs to hold this daily channel for it to move the next leg up . This could give short term direction for the precious Metals . Would be interesting to see the daily and monthly close on gold/silver .

Zarvan83

If resistance of 1691.2 breaks down with good support there is a possibility that it could move towards 1575.9 Let it break out with some good sell volume and then take a sell position .... There will be heavy buy support as well from 1680 - 1691 as it is key support level . Good Luck !!!

Zarvan83

Target Hit !!!

Zarvan83

Could not break 1730 resistance ... Could short to 1715 !!!