So I had GOLD being bullish and DXY bearish prior to the break of structure at around 2024.730-is. Price has now retraced 38.20% up into a fair value gap but there is that untapped zone which lines up with the golden level. Since it is way past my entry time frame, I will see what price does tomorrow. However, it is somewhat confusing that DXY was trading lower today. But let us monitor price to see what happens.
Trade active
Trade active
Initial low risk entry got stopped out, big drop entry in profit. SL at breakevenTrade closed manually
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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.