DXY VS GOLD on weekly chart
Actualizado
Traders,
Dxy has just fnished an reverse hammer on the top which is suggesting that green line is now a challenge for DOLLARS.
Its reasonable for dxy to pull down for a correction before breaking through that green line.
After a great NFP , gold has been pulled down back to 1293 which is still above the red weekly trendline. But on weekly chart, we r not seeing a bull sign except that red line. So better to back off to watch and to find out more clues on 4h chart and daily chart. Hopefully we would see some strong signal later after next Tuesday.
Less is more!
Dxy has just fnished an reverse hammer on the top which is suggesting that green line is now a challenge for DOLLARS.
Its reasonable for dxy to pull down for a correction before breaking through that green line.
After a great NFP , gold has been pulled down back to 1293 which is still above the red weekly trendline. But on weekly chart, we r not seeing a bull sign except that red line. So better to back off to watch and to find out more clues on 4h chart and daily chart. Hopefully we would see some strong signal later after next Tuesday.
Less is more!
Nota
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