Big drop in gold coming?

14 thg 1, 2022

I believe gold may drop big if and when breaking these two trend lines.

Furthermore:

• DXY has reversed at bottom trend line and will now start a new long bullish trend.
  
• US retail sales data was bad. Still DXY did not go down nor gold up.
  
• Gold has failed to reach the top of 1834 for days. It tried breaking 1828 like 7 times but failed. Managed to reach 1829 at one point.The bullish trend is over imo.
  

14 thg 1, 2022

Ghi chú

Looking good.