We gonna see a drop towards the 1566 level then the bullishness starts with a nice bounce,, after that, a retest might happen, and then the rally !
2330 first target
2950 is the final target
BEST OF LUCK!
Note
Change in behavior for the USD index and the Gold market as well .. bullish momentum started to pick up today 27 October on gold .. we are more likely to see a leg up on the daily time frame .. looking for buying entry on gold and selling USD especially verses AUD, not following BTC closely but weak USD more likely to push BTC higher ,
Note
8 Nov .. Fair enough
now set back, relax, and wait for another update!
Note
Still expecting USD to go higher but must remain above 107.700 in this case USD index target is to get closer to 114 again or break it a fake break out maybe we will be watching if this goes as expected, Gold gonna react to this bullish USD scenario by breaking 1614 ,,
USD index :
Note
now the USD index failing to hold above 107.700 looks very bearish to me and this will only lead to more pressure to the downside, anyway I'm looking for sell entries on USD, especially vs AUD, and looking for buy entries on gold,
best of luck
Note
December first, fair enough
Gold 1803
new highs on AUDUSD
more yet to come, dont fight it, ride the wave after corrections
Note
13 Dec
GOLD 1824
new highs on AUDUSD
new lows on dollar index
fair enough (Y)
Note
keep in mind that long term might take another scenario,
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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.