With the DXY hitting the 4hr resistance line in red and immediately reversing to the resistance of the descending channel which it broke out of on Friday, it could be a retest and then shoot up which would be a good boost for Gold to shoot down since it's currently right at the to of it's own descending channel. Please let me know what you think in the comments and follow for more setups
i now strongly believe the analysis i posted earlier is accurate, thanks
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@Marcus_Jayweather, ya I just saw it. Nice chart I like the way it's clean but with good info. Let's just hope it goes our way but if it doesn't I just posted another idea about how it could be a buy instead, you should check it out