DXY VS GOLD on weekly chart
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!
Komentarz:
专注黄金和原油
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Focusing on COMMODITY GOLD N OIL
//
Wechat微信:ziyuvera
Tele: t.me/VeraFuntrader
直接扫码入群：
www.red-ring.cn/group/22462
Focusing on COMMODITY GOLD N OIL
//
Wechat微信:ziyuvera
Tele: t.me/VeraFuntrader
