Based on last session closed price. Gold is showing a decline in the 0.382 Fibonacci Retracement ( 1261 ).
There is potential for Gold to pullback around the 1250 area.
In the other side I saw a reversal pattern in DXY, it's a simply Bullish Harami which is giving a clue for a short covering from DXY.
Good luck guys, and happy trading.
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There is potential for Gold to pullback around the 1250 area.
In the other side I saw a reversal pattern in DXY, it's a simply Bullish Harami which is giving a clue for a short covering from DXY.
Good luck guys, and happy trading.
Click " Likes " if you see this analysis helpful.