XAUUSD SHORT

3 apr

XAUUSD Short is idea for now until i see further development on LTF such as D1 and H4. What I am seeing here is a reversal from W1 TL after Monday and Tuesday ATH's. How much more can XAUUSD keep pushing it's bullish momentum. Where does this power come from? DXY is not this weak...it has corrective nature which makes it very odd for XAUUSD to be acting like this. Best is to stay away from XAUUSD for now until we have something clear. I do see it as sells now but it highly depends on Wed close. If D1 closes below TL then many possibilitys for short are open. News are also giving us unclear indications. One day strong DXY, next day weak DXY. There is simply no connecting points on technical and fundamental analysis at this time. Be safe out there boyz!