Traders,
We have dxy and gold's charts here. Both have weekly and daily chart.
On the very moment, both DXY AND GOLD is facing a structure on weekly chart. On daily chart, DXY just finished a reverse hammer, bear sign ,but only for a possible correction to start. While Gold has 3 daily doji on the long term support line.
Considering rarely fundamental triggers this week, we would think about correction or sideways movement for both .
Less is more!
We have dxy and gold's charts here. Both have weekly and daily chart.
On the very moment, both DXY AND GOLD is facing a structure on weekly chart. On daily chart, DXY just finished a reverse hammer, bear sign ,but only for a possible correction to start. While Gold has 3 daily doji on the long term support line.
Considering rarely fundamental triggers this week, we would think about correction or sideways movement for both .
Less is more!
Comment:
DXY back to 94 again.
And gold did not pass 1307.
Lets see how we go next week.
And gold did not pass 1307.
Lets see how we go next week.
94 is the highest position for DXY,
1282 is the lowest position for gold so far.