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looking for buys if the dollar index continues to drop
Gold Spot / U.S. Dollar
Long
looking for buys if the dollar index continues to drop
By pipsntrips
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Updated
Jan 17, 2022
1
Jan 14, 2022
Keeping things simple as possible
I'm looking at potential buys for gold
TP/QP 1850
We have a possible double top forming on H4. My plan is to see what's going to happen as far as how far the market will retrace to the downside
I'm keeping a close eye out on the dollar index during this time because usually when the dollar goes down prices of gold goes up and vise versa
in a short-term type of trade, I'm looking for a counter-trend trade sell position.
Jan 17, 2022
Trade active
after the double top was formed price found support around 23.6
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