Look for a sharp drop lower time frame (Ex. 1hr) that breaks down and sell the break.
It goes against fundamentals with the weakening USD and strength in precious metals but it appears a correction looms
Not only here but potentially in US10Y appears in a correction for an upward breakout to .954. This may cause a further correction or continued correction in precious metals and at least temporarily a correction is USD higher as well. That said, close to the vest because it is against the current fundamentals playing out
It goes against fundamentals with the weakening USD and strength in precious metals but it appears a correction looms
Not only here but potentially in US10Y appears in a correction for an upward breakout to .954. This may cause a further correction or continued correction in precious metals and at least temporarily a correction is USD higher as well. That said, close to the vest because it is against the current fundamentals playing out
Comment:
Trade closed: stop reached