OANDA:XAUUSD   Gold Spot / U.S. Dollar
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2
I still think DXY has more declining to achieve before a reversal to the upside. Therefore XUAUSD has more upside momentum! As illustrated in the chart I believe it will at least reach 1900 before a reversal or maybe price will continue to ATH however, my target is 1900 for now and I'll be watching closely as it reaches that area for possible sells of more buys.

Here's my checklist to trade up
1) Market structure
2) Trend
3) Liquidity
4) Imbalance
5) IC's
6) FIB
7) Wycoff
8) Quarters Theory

Comments

Fantastic chart and analysis.
+1 Reply
jsam2877 KnightsofGold
@KnightsofGold thank you brother 🙏
Reply
I can appreciate a clean chart when I see one, good work.
+1 Reply
jsam2877 AlkalineFX
@AlkalineFX much appreciated 🙏
Reply
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