Basic support and resistance drawn out. DXY is showing strength and CFT is showing strength on the uptrend is diminishing.
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METAL - GOLD
Chart timeframe - 4hr
Area of interest - 1363.45 , 1260
Potential target 1 - 1300
Potential target 2 - 1280
Potential extended target - 1260
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Trade Safe everyone!
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METAL - GOLD
Chart timeframe - 4hr
Area of interest - 1363.45 , 1260
Potential target 1 - 1300
Potential target 2 - 1280
Potential extended target - 1260
---------------------------------------------
Trade Safe everyone!
Comment:
closing in on support. readying up to enter shorts if break on support. Purple CLMA line would be a great short entry spot to short to TP1 or red CLMA, whichever it reaches first
Comment:
Currently testing support, those who shorted to support good work, watch for the breach or rejection as shown
Comment:
break occurred, waiting for candle close to see strength
