Above IDEA posted on Feb 17th with LONG bias, at the time we posted we were in a LONG SWING with +235 PIPS, now capitalising +600 PIPS , it was all right in front of your Sight! But ignored. > Just do a play on the IDEA to see the price action.
Now, we are heading to a Supply Zone, what next ? Wait for the next IDEA.
DXY no break above 104,5 and it's only going lower, good. I love it. the US bubble is popping hard. just look at US indices performance Vs; gold and even more so and relating to - the developing markets, including EU, I mean lmao even eu who's left holding the Ukraine bag is outperforming US, by the end of the decade maybe dxy will be at 80s
DXY Ten days ago, I shared my thoughts on DXY, and nothing has changed since then. I see many people in XAUUSD wondering when gold will cool off or at least enter a new accumulation phase on higher timeframes. As shown here, the dollar is still retracing within a bullish active range. The key area of interest, based on my understanding, is the 10[2-1].xxx zone. Given this, I don’t expect anything different from what we've seen with gold since the beginning of the year. So, bears—hang in there a little longer.