Gold is currently below rising channel and holding the Range of 3320-3335,although yesterday implusive drop is incompleted without testing 3290-3280
Eyes on DXY
What's possible scanarios we have?
▪️I will wait next for my sell trades at 3338-3345 area but what we have to watch during that time H4 candle closing.if H4 & H1 candle close above I will not hold or renter sell also below 3320 we have implusive drop.
▪️Secondly if H4 candle closing above 3345 this down move will be invalid and Price-action will reached 3370.
#XAUUSD
Eyes on DXY
What's possible scanarios we have?
▪️I will wait next for my sell trades at 3338-3345 area but what we have to watch during that time H4 candle closing.if H4 & H1 candle close above I will not hold or renter sell also below 3320 we have implusive drop.
▪️Secondly if H4 candle closing above 3345 this down move will be invalid and Price-action will reached 3370.
#XAUUSD
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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.
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.