Hello traders,
GOLD has not made its strong will to go last week. But it kept moving in a small range that still following the weekly triangle and daily downtrend channel.
On this weekly chart, it can go either way, up or down.
On this daily channel, it looks more likely to test 1900 soon.
So we have to take DXY into consideration now.
It looks like the broken red trend line has been retest once. It might be suppport DXY up again from there to test 94 soon.
So we prefer to sell GOLD with the channe as the weekly chart would need a whole week to finish a can. And daily chart could be easier to find out more clues.
Good luck on selling GOLD.
LESS IS MORE!
GOLD has not made its strong will to go last week. But it kept moving in a small range that still following the weekly triangle and daily downtrend channel.
On this weekly chart, it can go either way, up or down.
On this daily channel, it looks more likely to test 1900 soon.
So we have to take DXY into consideration now.
It looks like the broken red trend line has been retest once. It might be suppport DXY up again from there to test 94 soon.
So we prefer to sell GOLD with the channe as the weekly chart would need a whole week to finish a can. And daily chart could be easier to find out more clues.
Good luck on selling GOLD.
LESS IS MORE!
Trade closed: target reached
Trade closed: target reached
专注黄金和原油
直接扫码入群：
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Focusing on COMMODITY GOLD N OIL
//
Wechat微信:ziyuvera
Tele: t.me/VeraFuntrader
直接扫码入群：
www.red-ring.cn/group/22462
Focusing on COMMODITY GOLD N OIL
//
Wechat微信:ziyuvera
Tele: t.me/VeraFuntrader
