FX:XAUUSD   Gold Spot / U.S. Dollar
Hello Traders!
We think that gold could offer some trading opportunities this week, let's see ...

Thank you for your support and trade with care!
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Comment: Pullback in progress, we look forward to seeing the SP500 development, because we can not rule out new high, and consolidation phase about the yellow metal.

Thank you for your support and trade with care!
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Comments

Hi, Do you predict that the next move will be bearish until the end of this month ?
+3 Reply
THANK YOU! Would you be able to elaborate why you think there would be such a drop from 4, especially if dollar finally declines?
+2 Reply
SignalSwiss toothless
The correlations and divergences often have different times, and sometimes, it's not easy to make comparisons. Wave 4 is a corrective movement of an impulsive structure, and right now, the impulse is bearish. Dollar declines? I don't know if it will drop structurally in short term, it's very difficult to say, and the only thing we can do, is to monitor the yield curve (10y/ 5y).
+1 Reply
toothless SignalSwiss
Many many thanks for your explanation!
+2 Reply
toothless SignalSwiss
always learning from this page
+2 Reply
SignalSwiss toothless
Thank you! :) Our job, is the most beautiful in the world because you never stop learning!! ...great future! :)
+2 Reply
it looks like it is heading south...
+2 Reply
Any update about GOLD please?
+1 Reply
are you bearish now?
+1 Reply
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