The Dollar Index collapse below the 94$ support zone ($DXY) drove $GLD above previous high.
$GLD will complete a bearish Crab pattern near 127-128$ there it will also meet the 200 weeks MA and a weekly structure zone.
Tomer, The MarketZone
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$GLD will complete a bearish Crab pattern near 127-128$ there it will also meet the 200 weeks MA and a weekly structure zone.
Tomer, The MarketZone
To read more interesting technical reviews for the week goo.gl/3JPebo
To subscribe to the newsletters - goo.gl/HXjCPV
Follow my blog - goo.gl/78KZsl
Subscribe to my Youtube channel - goo.gl/q8dbyT
Comment:
Price continues to advance towards pattern completion
