succeedwithsage

DXY OUTLOOK 1-31-22

Short
TVC:DXY   U.S. Dollar Index
So we see DXY has had a massive push down since we were talking about it a few days and did exactly as i anticipated and here we are getting some rejection where we could see short term buy to fill the imbalance before distributing to go down to the area i have been anticipating for it to come to which is equal lows with a imbalance that could get filled below it but by any means we dont have to come down there so we will see what more information markets gives soon. With this being bearish just gives more confirmation for me to be bullish on Gold, but well update more soon.

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.