GOLD D1: DROP WHILE DOLLAR RETRACES UP
- Looking for GOLD to weaken while Dollar retraces up
- Previous breaker that took out sell-side stops needs to offer support
- Dollar should fall again after the retrace
- That would be the signal to go long GOLD again
- Upside target is 1 deviation up = GAP-resistance
- Previous breaker that took out sell-side stops needs to offer support
- Dollar should fall again after the retrace
- That would be the signal to go long GOLD again
- Upside target is 1 deviation up = GAP-resistance
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.