USDX is up 0.26% 4 the $ in support. But D-Tops Intraday.
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https://www.tradingview.com/x/w1hIwYYp/
That is the 4HR chart of the USDX. It's in a massive rising wedge still on many timeframes but it also is caught up in a Top2 on timeframes right up to the 4HR.
This does not mean 100% that the $ will fall and it does not mean the USDX will fall. But on the law of averages, they normally drop some more from those levels and this appears to be an MTOP down below which if breached then certainly the dollar could really come-off a bit.
Gold and Silver known for retraces prior to important economic news, well they got a bounce after the non-farm payroll bearish figure was not supportive of the dollar.
Trades coming up in Gold. Hopefully Longs.
That is the 4HR chart of the USDX. It's in a massive rising wedge still on many timeframes but it also is caught up in a Top2 on timeframes right up to the 4HR.
This does not mean 100% that the $ will fall and it does not mean the USDX will fall. But on the law of averages, they normally drop some more from those levels and this appears to be an MTOP down below which if breached then certainly the dollar could really come-off a bit.
Gold and Silver known for retraces prior to important economic news, well they got a bounce after the non-farm payroll bearish figure was not supportive of the dollar.
Trades coming up in Gold. Hopefully Longs.
Trade attivo
it was again not supportive of the $ the pmi.
gold and silver are on fire. I will wait for a retrace, probably best, no point chasing it because on fib retracement you get in much lower.. I will have to put the entry below in notes.
Trade chiuso: obiettivo raggiunto
Trade organised Long I will go
Entry on Fib Retrace 2645-2646 but it may wind back to 2642
SL: 2636 or lower of yr choosing less risk averse.
TP Will advise
Nota
BUY SILVER
silver is breaking out above resitance.
Nota
Buy Gold at current levels 2651.
Bullish break out and above Triangle pattern.
Nota
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