Overbought and Oversold Levels Compared to Dollar

FX:XAUUSD   Gold Spot / U.S. Dollar
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Gold             in 2014 seems to be establishing overbought and oversold levels compared to the Dollar ( DXY             ). If you want to avoid overtrading gold             and just trade the extremes, try these Gold*DXY levels.
good. You think gold will fall now?
If DXY continues on up and gold can drop under 1178 support like at the end of October, I'd go short. Just watching for now.
+1 Reply
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