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Gold Spot / U.S. Dollar
Long

OpenFX H1 Gold Strategy - 2021.02.9-12 - Updated

163
The dollar is weakening still. H4 MACD looks promising. I expect a strong push to the upside. In addition to the first chart I have included my secondary thoughts on expected action on Gold. Again there is risk. Trade and tread with caution.
rbwilkinson2
Chart PatternsElliott WaveGoldMoving Average Convergence / Divergence (MACD)preciousmetalsTrend AnalysisWave AnalysisXAUUSD

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.
Chart PatternsElliott WaveGoldMoving Average Convergence / Divergence (MACD)preciousmetalsTrend AnalysisWave AnalysisXAUUSD
rbwilkinson2

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.