The DXY is officially OVER OVERBOUGHT
A freefall short to the next purple level is very much possible seeing as there is no resistance
so any break and continuation will be exploited
During times of economic uncertainty, as seen during times of economic recession, more people turn to investing in gold because of its enduring value. Gold is often considered a "safe haven" for investors during turbulent times. When the expected or actual returns on bonds, equities, and real estate fall, the interest in gold investing can increase, driving up its price. Gold can be used as a hedge to protect against economic events like currency devaluation or inflation. In addition, gold is viewed as providing protection during periods of political instability as well.
Source: Investopedia
SENNA SEASON
A freefall short to the next purple level is very much possible seeing as there is no resistance
so any break and continuation will be exploited
During times of economic uncertainty, as seen during times of economic recession, more people turn to investing in gold because of its enduring value. Gold is often considered a "safe haven" for investors during turbulent times. When the expected or actual returns on bonds, equities, and real estate fall, the interest in gold investing can increase, driving up its price. Gold can be used as a hedge to protect against economic events like currency devaluation or inflation. In addition, gold is viewed as providing protection during periods of political instability as well.
Source: Investopedia
SENNA SEASON
Nota
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GOLD MIGHT RE TEST ENTRY SO I ADDED SOME SHORTSNota
Trade chiuso manualmente
trade closed im officially taking a swing shortNota
at $1921 im expecting this move to make a grand retrace so that is where i endNota
If u look at it with a line chart 1921 is where it retraced that said bullish contoniation coming soon
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.