gold, bullish, re-entry.
trade from yesterday taken after red folder news, entered on the 15 minuite timeframe,
clear bullish engulfing, possible re-entry if price pulls back.
DXY was clearly bearish yesterday which added extra comformation to take gold higher.
clear bullish engulfing, possible re-entry if price pulls back.
DXY was clearly bearish yesterday which added extra comformation to take gold higher.
Note
the second entry is now invalid due to recent price action.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.