I have Traded many Trades in this analysis. After today totaling 3 or 4.
I am under the suspicion that Gold will be making a unprecedented move. 1300 is a hard price to cover. But the break in the DXY could be the driving force of such a option.
Precious metals and hard assets may flourish during these times. Bitcoin and other market may get more interest. Gold for new Heights.
We are now consolidating in a zone, where i predict can extract from the Year Highs. Under this bullish pressure on a second attempt. Can be likely. Fundamental influence is all it needs.
I Left my Chart exactly how my previous analysis was for this short bull run this morning. Im leaving it as so, to predict the break out above. Goodluck traders.
I am under the suspicion that Gold will be making a unprecedented move. 1300 is a hard price to cover. But the break in the DXY could be the driving force of such a option.
Precious metals and hard assets may flourish during these times. Bitcoin and other market may get more interest. Gold for new Heights.
We are now consolidating in a zone, where i predict can extract from the Year Highs. Under this bullish pressure on a second attempt. Can be likely. Fundamental influence is all it needs.
I Left my Chart exactly how my previous analysis was for this short bull run this morning. Im leaving it as so, to predict the break out above. Goodluck traders.
Comment:
Very Interesting how price consolidates right under my consolidation point. If DXY decides to turn up. we shall anticipate the sell. With dollar weakness, we can easily aim higher. SO far, pretty on point. Thanks for following.
Trade closed: target reached:
This analysis was very accurate. Enjoy.