Hi welcome To Team Decrypters
This is just the over view of charts which will help you in your analysis surely
GOLD :-
As for gold price closed bullish so we can see gap up till 1931 and than fill the gap below created GAP ,After that retracement till 1911 or 1900 can be Expected ,A Deeper retracement would be till 1880.
VIX :-
VIX is just a volatility measuring indicator which is inversely correlated with Risk on Assets
(Meaning the more vix goes down the more risk on asset is ON )
since VIX is Approaching a key level w expecting a short term bounce at least , Hence Retracement in risk On Assets
Note :- Gold is Risk off Asset but it can give retracement because of DXY
DXY:-
i will only say for dxy soon it will surprise all of us :)
This is just the over view of charts which will help you in your analysis surely
GOLD :-
As for gold price closed bullish so we can see gap up till 1931 and than fill the gap below created GAP ,After that retracement till 1911 or 1900 can be Expected ,A Deeper retracement would be till 1880.
VIX :-
VIX is just a volatility measuring indicator which is inversely correlated with Risk on Assets
(Meaning the more vix goes down the more risk on asset is ON )
since VIX is Approaching a key level w expecting a short term bounce at least , Hence Retracement in risk On Assets
Note :- Gold is Risk off Asset but it can give retracement because of DXY
DXY:-
i will only say for dxy soon it will surprise all of us :)