Double top on 1hr TF showing rejection against zone on chart. Could see a potential short term pullback on the pair to the downside. Gold continues it’s surge upwards towards $1500 and DXY support- “10-year US Treasury bond yield is losing more than 4% on a daily basis suggests that the DXY's correction is technical and is unlikely to gather momentum unless supported by fundamental developments”
Confirmation: DXY rejection, FIB, supply zone, Psycho level, Gold
DXY:
Gold:
Confirmation: DXY rejection, FIB, supply zone, Psycho level, Gold
DXY:
Gold:
Trade closed: target reached
DT2 reached
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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.