📈🌟 Gold Market Analysis: Potential Retracement Ahead
Gold has been on a bearish trend over the past month, but the recent developments indicate a possible retracement. Notably, the DXY (US Dollar Index) has broken its structure to the downside and re-entered a range that dates back to August 30, 2023. This shift in the DXY suggests a change in the gold market. Keep an eye on potential retracement opportunities in the coming days. Stay vigilant and manage risk effectively. 📉🪙 #Gold #Forex #TradingView #MarketAnalysis
Gold has been on a bearish trend over the past month, but the recent developments indicate a possible retracement. Notably, the DXY (US Dollar Index) has broken its structure to the downside and re-entered a range that dates back to August 30, 2023. This shift in the DXY suggests a change in the gold market. Keep an eye on potential retracement opportunities in the coming days. Stay vigilant and manage risk effectively. 📉🪙 #Gold #Forex #TradingView #MarketAnalysis
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FLYNote
big bullish candle up any pullback will give me opportunity for bullish continuation
Note
MAIN TARGET REACHED SO IM DONE WITH THIS PAIR NOW I DONT LIKE THE STRUCTURE
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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.