UPDATED DXY ANALYSIS
ok! so i was too quick to jump to a conclusion on my first DXY analysis but then after looking at gold i have changed my bias because of the following...
1. gold moves in relation to the dollar index and gold is about to hit a major resistance level and major downward trendline
2. whereas dxy over here has also just respected a weekly resistance level and has started off the week bearish
3. i'm expecting the market to break my inner H1 upward trendline (or even respect it) then i'll short the DOLLAR
1. gold moves in relation to the dollar index and gold is about to hit a major resistance level and major downward trendline
2. whereas dxy over here has also just respected a weekly resistance level and has started off the week bearish
3. i'm expecting the market to break my inner H1 upward trendline (or even respect it) then i'll short the DOLLAR
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