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GoldTrader141
Feb 13, 2020 5:57 AM

Possible move to $1580-1590 before Friday Long

Gold/U.S. DollarFXCM

Description

Nice standing in MA20, DX and stock market are both have potential to reverse,
Newly virus in the mainland breaks 59,000 cases, surges more than 10,000 in a single day with 1,360 deaths.

Comment

1575 resistance should break today

Comment

DXY RSI indicator overbought, i believes that the outlook for the US dollar index in the next few days is bearish. Support locate in 98.4 it may support Gold

Comment

Take some profits , current price 1580
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