Gold Spot / U.S. Dollar

Short

Potential HUGE Swing

Updated

I reckon XAU has the potential to fall to the targets in the next 20 to 50 days. Potential nice swing.

Catalyst:
- H4 Bear flag
- Potential Death cross
- Potential Head and Shoulders pattern on the daily
- reuters.com/article/us-usa-biden-yellen/treasury-nominee-janet-yellen-to-say-us-does-not-seek-weaker-dollar-wsj-idUSKBN29M0O7

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Here's the entry

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So far so good, it fell from our entry 1873 down to 1838

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Reached the target 1 at 1830 zone

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The potential new entry, but will depend on Powell

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Related publications

Potential Nice trade - Bearish Pennant

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