XAU
XAU could see some relief if we see DXY fall as attached below, I personally dont believe XAU is off the hook with the hikes likely to continue for some time, but we may look to catch some pips on the recovery here which should produce some even better sells later down the line. We also have RVI Divergence signalling a potential trend change to back up the trade.
Related publications
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.