As you can see in the Chart Gold has rejected from 100EMA
High confluence Area at 1677 and also created Double Bottom
in weekly time frame.
Moreover, Gold Weekly candle hasn't place upper shadow yet.
DXY retested broken structure and rejected from 50EMA
shows some Bearish Bias.
we are expecting Gold would place 1762 and 1835.
High confluence Area at 1677 and also created Double Bottom
in weekly time frame.
Moreover, Gold Weekly candle hasn't place upper shadow yet.
DXY retested broken structure and rejected from 50EMA
shows some Bearish Bias.
we are expecting Gold would place 1762 and 1835.
