XAU/USD 4h: Shoulder Head Shoulder under major resistance level
SHS for GOLD.
Either breaks its resistance on the upside or breaks the SHS neckline and goes back for another round of range under 1350.
USD DXY on strong support level and reactive there.
Fed tightening bullish for USD.
Rumor on China unloading USD only bearish factor for USD.
Either breaks its resistance on the upside or breaks the SHS neckline and goes back for another round of range under 1350.
USD DXY on strong support level and reactive there.
Fed tightening bullish for USD.
Rumor on China unloading USD only bearish factor for USD.