with DXY cooling off, we still need to see GOLD's retracement on bigger price action flow, for the DXY to strengthen as the year are closing off, and likely a 75 basis points are being prepared to boost DXY for the consumer "look good" year end special
we are approaching a level fo interest but it seems that the buyers are pushing hard,
we might see a push thru to 2670, if this 2640/50 level does not hold
fyi |: the 2640/50 zone lines up on the daily FIB at 38.2%
i must be honest i did not expect the push to be so far up at this stage / mid November
we are approaching a level fo interest but it seems that the buyers are pushing hard,
we might see a push thru to 2670, if this 2640/50 level does not hold
fyi |: the 2640/50 zone lines up on the daily FIB at 38.2%
i must be honest i did not expect the push to be so far up at this stage / mid November
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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.