XAUUSD: Weakness Probable, Part Two, UUP Strength
This is part two-the chart for-UUP.
I believe the-US Dollar will show strength, thus, this is a negative for-XAUUSD.
1. The three top indicators are reversing to the upside.
2. Buy fractal.
3. Alligator appears to be opening in an up-trend.
4. Chop zone (under chart) has turned green.
If you are long-XAUUSD-or-GDX, beware of-UUP strength.
May all of your trades go well. Don.
I believe the-US Dollar will show strength, thus, this is a negative for-XAUUSD.
1. The three top indicators are reversing to the upside.
2. Buy fractal.
3. Alligator appears to be opening in an up-trend.
4. Chop zone (under chart) has turned green.
If you are long-XAUUSD-or-GDX, beware of-UUP strength.
May all of your trades go well. Don.
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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.
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.