Chinese YUAN / USD pair touched the top of the falling wedge channel so if price drops we expect Gold/USD And Bitcoin/USD pairs to start an uptrend since the Chinese will exchange their YUANs to safe-havens like gold and Bitcoin.
Consider that Gold started its uptrend a few days ago.
Consider that Gold started its uptrend a few days ago.
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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.