looking for buys if the dollar index continues to drop
Keeping things simple as possible
I'm looking at potential buys for gold
TP/QP 1850
We have a possible double top forming on H4. My plan is to see what's going to happen as far as how far the market will retrace to the downside
I'm keeping a close eye out on the dollar index during this time because usually when the dollar goes down prices of gold goes up and vise versa
in a short-term type of trade, I'm looking for a counter-trend trade sell position.
I'm looking at potential buys for gold
TP/QP 1850
We have a possible double top forming on H4. My plan is to see what's going to happen as far as how far the market will retrace to the downside
I'm keeping a close eye out on the dollar index during this time because usually when the dollar goes down prices of gold goes up and vise versa
in a short-term type of trade, I'm looking for a counter-trend trade sell position.
Trade active:
after the double top was formed price found support around 23.6