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Xuausd

What's coming for dollar and linked pairs to it.(EurUsd, Xuausd)If we observe the US dollar index on monthly timeframe, we can observe that currently it's in the correction phase. If we look at the past support and draw a Fibonacci retracement it shows that support levels falls at 38% of that which gives us a clear picture of it too. So as soon the dollar index completes its correction it will start going up which will affect the pairs linked to dollar like, eurusd, xuadusd, etc. As soon it will start going up better position for these pairs will be to sell. I hope you like the analysis. If you something more to share go ahead.
TVC:DXY
by dan046
Gold potential longGold very recently dipped in to a pool of liquidity (last significant low before a large move up) that led to the parabolic rally that printed new highs. As soon as the violation happened we saw rally that violated the bearish market structure on the daily timeframe giving very bullish signals. This correction might not be over but there is an opportunity to buy gold and ride it to 2000.00 and potentially higher. I don’t know what the market is going to do long term but for now PA is pointing me in that direction. I’m waiting for a dip in to the zone I highlighted below. I would have a limit order be I haven’t been following gold long enough to be sure of its levels/zones just yet. I will have to watch this carefully and monitor price when it reaches my levels. Let’s see how this one plays out.
OANDA:XAUUSDLong
by Golb