G7 could be interesting for DXY strength and we may test 96 for breakout or else we dive back to 92 factoring how Europe handles the Greece mess. I believe that DXY is still ranged between 96-92 and we may see before Potential breakout.
Yellen is more likely to give dovish statements inducing huge in the market. In this process gold is likely to test crucial levels such as 1207 and 1200 which is long term technical support.
With look on chart I believe we are still in Zone above 1250 and may see likely correction to 1237.5. Its also to note that 30s and 20s are very attractive buy setups for long term investors, so we may see more resistance to break such levels. Induced may change the game.
Even though I am more than as consequent economic environment is huge mess.
Target 1237.5 then towards 1353.
Trade Carefully. We may see huge turbulence ahead this week.
let see if it holds 31.
seeking for retrace at least 1231-1236.
DXY induced Volatility.
Break of 1205 could open 0.618 fib 1174 for test.
Longed at 1202 and 1200
Immediate target 1223
Extended Target 1253