XAUUSD: Buy if Price Action close BULLISH on D1
Fundamental:
Gold is inversely correlated to USD.
Weakness in USD data negatively impacting USD
Dovish Statement from Fed Yellen
Technical:
Only buy if Gold stays in the upwards channel
Look for BULLISH PIN BAR price action to trigger entry
Gold is inversely correlated to USD.
Weakness in USD data negatively impacting USD
Dovish Statement from Fed Yellen
Technical:
Only buy if Gold stays in the upwards channel
Look for BULLISH PIN BAR price action to trigger entry
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.
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.