Gold to run up before drop?
Just messing with fib rings and fib channels and noticed once we crossed these rings along with the fib channels gold has reacted, gold is heading to the top of the fib channel before a sharp drop?
This coincides with the DXY's break from a weekly downtrend channel and could impact gold over the coming months
This coincides with the DXY's break from a weekly downtrend channel and could impact gold over the coming months
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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.