Upcoming market recession and the current USD hawkish trend, most likely we can see an even further bearish rally of the Nasdaq. Risk reward 1:2 (final target 10,000)
The bearish USD rally come to an end and we are ready to continue the bearish trend of the gold.
Gold is ready to brake Ichimoku cloud resistance based on weak USD. Our target will be the next resistance with a risk-reward of 1:2
The support of the Us Dollar Index is ready to be broken and continue the current bearish trend. We could expect even further declines based on the expected negative US GDP Report q2 based on the current inflation and that means we will be 1 step closer to a recession. Risk: Reward 1:2