meldale69

gold possible next move

meldale69 Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
on year chart and month chart huge consolidation formation. Because of govt shutdown coming expecting gold to go up then down again then hue but on year LL, using DXY to reach 107. to 108.4 then drop to 103 area
Trade closed manually:
as said on dxy reached 107.00 , wait for outbreak then retest then buy gold...however may be small buys then drop again
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.