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iambalramkashyap

DXY Breakdown from parabola ...

Short
U.S. Dollar Index (TVC:DXY)  
iambalramkashyap  
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns DXY dollar dollarindex XAUUSD
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trendanalysis chartpattern dxy dollar dollarindex xauusd
This is weekly chart of dxy and clearly we can see that it is over stretched and trading far away from 200 MA , also we can see that it already breakdown the parabola so more decline decline is possible as per this setup .
If dxy follow this setup then we can expect good bullish move on gold in coming trading sessions.
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