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Gold Spot / U.S. Dollar
Long
Updated

Gold at weekly support, RR points to buying opportunity

171
Key points:
-USD (DXY) weakening needed
-Bond yields capped (US 10yr below 3-3.1%) - negative risk sentiment

Note
Clearly demonstrated why a stop is needed.
RobertSoos
Also on:
Fundamental AnalysisGoldRectangleriskrewardtriangeUSDXAUUSD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Fundamental AnalysisGoldRectangleriskrewardtriangeUSDXAUUSD
RobertSoos
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.