XAUUSD Week of: 4th Oct 2021
Gold is trying to brake both the bearish trendline and resistance at 1750. Once done, those will become together a strong support that will kick the price up and start a new uptrend.
This will be inline with the USD (Dxy) that reached the highest high in 11 month and will be correcting in the coming week.
This will be inline with the USD (Dxy) that reached the highest high in 11 month and will be correcting in the coming week.
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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.