as you can see dxy could possibly see one of its worse days. the first trigger for shirt has been passed and it wont stop that easily until 50. most likely it would stop there or become sideways but if it can break that support, it can go till my last tp :). but i think its less likely.
Based on the time spent in last trend, we can expect a tp of 2600 in XAUUSD. This is purely technical analysis and no fundamental aspect was considered.
this is how I feel about BTC.
even though it is losing its momentum, I don't think it would fall below 20000.
The best I can think after 20000 is that BTC would fall into a sideway wave.
there is an important thing that you should be wary of if you want to enter long term trades and that is your trend. here we have trends, both waves and corrections, and their timeline so as you know before 1676 break you can't tell any other goal because the nature of gold is now in an up Trend from the year 1999. and one more thing that you should be careful...
what i use here is resistance line with canal . the most important factor is time here and if it can go thorough 1729 with a powerful candle at least in 15 min timefram