Is usd index going up??
Judging by what I see,it looks like usd index is gaining some momentum,just not sure but a long is what I see coming forth. Leave your comment or analysis in the comments below😊
Greeting!!
There's a high chance of it continuing its downtrend withing the limits until it breaks structure,but it is respecting the structure so far😁
Reasons for short
1)it's a down trend graph
2)upside down flag, so the structure will remain inside the flag till it breaks structure either way
3) it also forms a triangle an opening triangle,the bottom support...
Geetings fellow gold traders!
This is what i came across when i was analysing XAU and reasons why im im towards a short
1)its a downtrend as shown
2)it has a strong RESISTANCE LINE around 1890
3)im expecting it to go up to E then drop and take TP1 and TP2
do feel free to correct me,im not that perfect
