As our old idea explained before, EURUSD is on a bull bowl that will make it bounce up to make 200-300 pips in the coming weeks.
While DXY is in trouble bowl that is bear top for it to test 94.5 soon.
What about GOLD?
Gold has not make any clear correction yet since December of 2018. This is good thing for buyers who open a position since the end of 2018 but not for new buyers who want to open a new one. Technically, gold will test 1301-1313 first before any smart correction. More up coud see 1340-1350. Our expectation of 1240 looks hard to reach before then.
Less is more!
While DXY is in trouble bowl that is bear top for it to test 94.5 soon.
What about GOLD?
Gold has not make any clear correction yet since December of 2018. This is good thing for buyers who open a position since the end of 2018 but not for new buyers who want to open a new one. Technically, gold will test 1301-1313 first before any smart correction. More up coud see 1340-1350. Our expectation of 1240 looks hard to reach before then.
Less is more!
