XAUUSD - GOLD CURRENT SITUATION
- US10Y is currently slightlyD DOWN to 3.28% LEVEL. Like we said before, it's been a bit of a CORRECTION in the last few days. But now the us10y is up fast. We can see that the POSITIVE SENTIMENT for USD ECONOMIC DATA is also very POSITIVE for DXY.
- The GOLD PRICE is currently moving slightly below the DYNAMIC S / R LEVELS. Most likely the SHORT TERM will be slightly UP ahead of the GOLD PRICE. GOLD SHORT TERM has a UP SIDE BIAS but may be more DOWN under the influence of DOLLAR in the future. this time gold will up.
- GOLD PRICE can be UP again to 1910 LEVEL. A
- However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
- The GOLD PRICE is currently moving slightly below the DYNAMIC S / R LEVELS. Most likely the SHORT TERM will be slightly UP ahead of the GOLD PRICE. GOLD SHORT TERM has a UP SIDE BIAS but may be more DOWN under the influence of DOLLAR in the future. this time gold will up.
- GOLD PRICE can be UP again to 1910 LEVEL. A
- However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
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