I was using these charts to explain to a friend where the price of gold could be heading depending on USD course of action. Maybe someone will appreciate them. :)
I'm considering 1282.XX, today's low to be the bottom unless DXY breaks above the long term descending trendline. Started buying in around this price.
XPTUSD I bought at $836 along the same theory.
XAGUSD I'm holding out a little longer to $14.90 - $15.00 range.
I'm considering 1282.XX, today's low to be the bottom unless DXY breaks above the long term descending trendline. Started buying in around this price.
XPTUSD I bought at $836 along the same theory.
XAGUSD I'm holding out a little longer to $14.90 - $15.00 range.