we will go long on 
GOLD once it retest the resistance 1293 and the fundamentals suggest a weaker 
DXY. For now we will remain neutral and set up buy orders.
GOLD remains under pressure because of the strength of the DXY. Ahead of the week, as we await politicical data that seems to add more strength on the dollar. Trump will be annoucing the Fed chair which will either be Taylor, Powel or re-appointment of Yellen as he has not scrapped the possibility of re-instating.
GOLD once it retest the resistance 1293 and the fundamentals suggest a weaker DXY. For now we will remain neutral and set up buy orders.GOLD remains under pressure because of the strength of the DXY. Ahead of the week, as we await politicical data that seems to add more strength on the dollar. Trump will be annoucing the Fed chair which will either be Taylor, Powel or re-appointment of Yellen as he has not scrapped the possibility of re-instating.
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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.