Gold DXY 9.23.20 Start looking at the miners if you missed an opportunity in March. I discussed the transition of gold and that gold has just traded down to a very important pivot. When I did not say is that it may find some buyers here, but if it does and then it starts going lower, I think this will be the point where you'll see that final giving up of buyers in the market will accelerate lower to a three a two or another support area. The DXY has some upside, and this could feed into the gold moving lower. From a technical point of view it can be very difficult to predict when markets will become volatile when they are currently not volatile and are contracting. Once the market becomes volatile, from that point is easier to predict in my opinion. Looking at markets trading around structure without volatility in the market makes it very difficult to make money and markets and count on your predictions when you trade in these kinds of markets. I tried to show how I handle it.
