Hello Traders!
We can see the 3rd candle (right high of the swing low), was broken now.
I am assuming this Friday will most likely push higher and Thursday may not be the high of the week.
We are in a premium of the range and a sell setup during London close would be great above fair-value(You can see London close reversed on Thursday reverse above fair value...
Hello Trader!
Here we can see gold looks very bullish to everyone.
Here we can see it pull back and take out a swing low.
Could Gold be looking to drop from here? DXY rallY?
Hello Taders!
Here We can see a Bullish breaker.
Price broke a swing high after breaking a swing low.
Any retracement from here and be seen as new buying.
Hello Traders!
I am looking to shift my bias back bullish.
I am convinced dollar is going to keep rolling over.
GU and EU are pushing higher and higher. However, AU is lagging behind and I think that's because of the rate decision recently.
Hello Traders!
I am still bearish on AU.
Unless price trades back up above the swing high and forms mitigation block then I will consider being a buyer again.
Hello Traders!
I am still bearish for AU and xxx/usd.
The Feds have the highest rate compared to the majors.
If there is a liquidity crisis going on in all countries people will seek the reverse currency.
Only time will tell.
Dollar still trending lower and gold is going higher.
We also can see US stocks are on the rise.
What is going on? I thought DXY was going to be pulling everyones intentions to have?
Something isn't right with the global markets and banks around the world.
Credit running low? Slower growth from developed countries?
