XAU has shown signs of strength in the market, and DXY has had a CHoCH to the downside from a 1H OB...Possible for this to play out and XAU to target the highs once again. Near the 2000 area ? Eyes Out...
Note
Do have slight news for the $, (home sales and jobless claims) so we'll see where that takes us.Note
Took the short trade, however DXY looks strong taking in news, may break the low and continue !
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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.