Here ladies and gentleman we have the US dollar and GLD futures.
In DXY we are currently in a nice little wedge and already breaking to the downside.
Below are 2 highlighted supports that I'm seeing that could potentially be reversal points since the dollar has been in the upside since May.
We all know what this means for equities:)
In gold we are looking at a bearish descending triangle with a little bit more push to the upside of about 3% or so before resuming to the downside.
Personally I think for the dollar to reverse to support 2 that gold would go higher and push out to the upside of the triangle.
time will tell,
That's all folks
In DXY we are currently in a nice little wedge and already breaking to the downside.
Below are 2 highlighted supports that I'm seeing that could potentially be reversal points since the dollar has been in the upside since May.
We all know what this means for equities:)
In gold we are looking at a bearish descending triangle with a little bit more push to the upside of about 3% or so before resuming to the downside.
Personally I think for the dollar to reverse to support 2 that gold would go higher and push out to the upside of the triangle.
time will tell,
That's all folks
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.