XAUUSD (Gold): Feel confident selling now
Been watching Gold for days, trying to work things out.
I think we'll see another push up from DXY following FOMC hawkishness last night, it's dancing around the 50% Fib retracement from the last move, this would be positive for gold.
With gold, I think we just got a local double top, but generally struggling at current levels, after failing to make a new high, AUD export data not great, also linked to gold.
I'm expecting an initial fall down to around 1937 (then could move further back to 1910 / 1900), but does need monitoring closely, as has been super volatile and overall direction still unclear to me atm from here.
I think a DXY push will see me hit this initial TP and then let's see what happens from there...
I'll wait for NY session to give me more clues
I think we'll see another push up from DXY following FOMC hawkishness last night, it's dancing around the 50% Fib retracement from the last move, this would be positive for gold.
With gold, I think we just got a local double top, but generally struggling at current levels, after failing to make a new high, AUD export data not great, also linked to gold.
I'm expecting an initial fall down to around 1937 (then could move further back to 1910 / 1900), but does need monitoring closely, as has been super volatile and overall direction still unclear to me atm from here.
I think a DXY push will see me hit this initial TP and then let's see what happens from there...
I'll wait for NY session to give me more clues
Giao dịch đang hoạt động:
Afternoon, or rather Good Morning NYC!
Giao dịch được đóng thủ công:
Moved very fast so expecting pullback, got out to secure profits