Sentiment: Neutral to Bearish
As we've observed in the past two weeks Gold has been in a significant uptrend due to its negative correlation with the
DXY (US. Dollar Index) as well as overall volatility in the markets. However as we all know the law of gravity states that all things that go up must eventually come down.
Reasons:
1. Rising Wedge Pattern and Breakdown Confirmation
2. Tweezer Bottom Candlestick Pattern
3. Tweezer Top Candlestick Pattern
As we've observed in the past two weeks Gold has been in a significant uptrend due to its negative correlation with the
DXY (US. Dollar Index) as well as overall volatility in the markets. However as we all know the law of gravity states that all things that go up must eventually come down. Reasons:
1. Rising Wedge Pattern and Breakdown Confirmation
2. Tweezer Bottom Candlestick Pattern
3. Tweezer Top Candlestick Pattern
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。