I am expecting positive news from DXY. DXY to the upside, Gold to the downside. Entered trade @ 3:30am @ 1911.6 Target 1901 area
Target 1920's, Long. Gold to retest broken trend line. Then continue to downside to 1850's
-Possible inverted head and shoulders forming on the Daily TF for Gold. -Gold has reversed after this weeks bullish impulsive move, my bias is now bullish. -Still expecting price to pull back to around 1690 before continuing to the upside. -Overall target around 1800 (will still be taking smaller positions/scalp/intraday moves) -Will see how price reacts once it...