farmtrader15

DXY at an important level!

farmtrader15 Updated   
TVC:DXY   U.S. Dollar Index
With the dollar inching above the descending channel we may see a breakout. There after it needs to back test to see a bullish continuation. If this is the case it pays to watch gold!

Trade safe
Comment:
Obviously there is also a strong bear case, I am siting in a gold short from weeks ago, so a break out on dxy would be nice for my position.
Comment:

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