Trand in trend setup.. dollar to gain strength to 105 /break Below trendline and go for 102.
After a big fall. We expect gold to move towards the level 2050/2070. As we see, gold came to the 1980/90 insufficiency before it can freely move to grab the liquidity left towards 2100+.
As predicted. Dollar index reached the top of channel. We expect a move towards the lower side of the channel and even below. That will mean all dollar based pairs will move accordingly.
Dollar index is bullish, which means gold to go down. We can expect level 2017 before gold goes up again. However, level 2030 is a strong support level. We look for opportunities between 2045/2016
Dollar index is in an uptrend channel. I expect it to reach level 104/5 before going to at most 90.
Gold had an ascending channel move with three touches h.h. if it breaks the bottom trend. We can expect a move towards 1917.
As forecasted, gold went from 1810 to 1915, completing the channel. We have 3 touches at the bottom of the channel. A break above 1940 would mean a ChOch. For now we still anticipating a fr3e fall sinc3 gold is in a bearish trend. Looking for sell entries would be more reasonable until bullish is confirmed. Check dolar index directions also.
Yen looks to be moving in a channel. For smalle4 time frame, it might be not as easy to sport. Set tp on previous high and or level 150.700.
The pair has been moving in a trend channel since it broke from a 4hr bullish trend. We anticipate the move to complete another touch on the upside before it continues again towards the downside. Possible breakout due to a htf sensitive zone can be expected
From a 4hr time frame. We can see that gold has been forming weak lows and strong highs. Market direction being bearish and a possible consolidation before it shoots for 1700s.