Hi guys! 👋🏻
🔔 The US is returning to the "stronger dollar" policy after the DXY dropped below 90 first time since mid 2018.
🔔 The senate is about to approve the new stimulus pack which implies $300 per week payouts, the second largest bill of the year.
🔔 Growing number of new Covid infections and the new more contagious mutated Covid-19 virus forced EU countries to shut their borders especially with the UK where the new virus strain was found.
🔔 US Dollar gained this week on the "stronger dollar" policy news and weakening major counterparts, strong US Dollar forced the XAU/USD to restrain from the further uptrend, where it hit the dynamic resistance and the upper threshold of the descending channel.
🔔 Gold is still above the neckline of the Inverted H&S pattern which shows the continuation of the bullish run, the impulse wave of November 30 is strong, hence I'm expecting gold to continue the uptrend.
🔔 If Gold breaks below the $1960 and the neckline of the Inverted H&S pattern, then it will drop once again towards $1765 and below.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
🔔 The US is returning to the "stronger dollar" policy after the DXY dropped below 90 first time since mid 2018.
🔔 The senate is about to approve the new stimulus pack which implies $300 per week payouts, the second largest bill of the year.
🔔 Growing number of new Covid infections and the new more contagious mutated Covid-19 virus forced EU countries to shut their borders especially with the UK where the new virus strain was found.
🔔 US Dollar gained this week on the "stronger dollar" policy news and weakening major counterparts, strong US Dollar forced the XAU/USD to restrain from the further uptrend, where it hit the dynamic resistance and the upper threshold of the descending channel.
🔔 Gold is still above the neckline of the Inverted H&S pattern which shows the continuation of the bullish run, the impulse wave of November 30 is strong, hence I'm expecting gold to continue the uptrend.
🔔 If Gold breaks below the $1960 and the neckline of the Inverted H&S pattern, then it will drop once again towards $1765 and below.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Nothing is true, everything is permitted.
_________________________________
🤖 Use my link to trade on BingX - bingx.com/partner/Aziz
_________________________________
🤖 Use my link to trade on BingX - bingx.com/partner/Aziz
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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。
Nothing is true, everything is permitted.
_________________________________
🤖 Use my link to trade on BingX - bingx.com/partner/Aziz
_________________________________
🤖 Use my link to trade on BingX - bingx.com/partner/Aziz
免責聲明
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。