Gold Spot / U.S. Dollar
Long
Updated

XAUUSD: this is not going to happen with sure but can guide us

1488
Traders,

As our last idea on DXY that dollars is now facing a resistance zone on 95, what about gold?
Check it on daily chart, you could see that GOLD hit our second target 1285 and bounce up from that on a slow pace in last 2 weeks.

There is a potential Cypher here can guide us that GOLD has a possibility to rehit 1348 again. We have our long trade entered already which is not profiting 40 pips. Hopefully target 1 will be hit before NFP.

Less is more!
Note
snapshot

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.