Gold Bull or Retrace First?

Is gold retracing or more bull? If it reserves here I have the charts up and you can see here in solid gold . If it continues, I'm looking for 1229. If there's a light pullback before continuing to 1229, it might not be deep. DXY bounced off a critical area too; 100.3 above 100.25 which would have signaled it falling deeper. If DXY continues to fall, gold will regain it's movement bull .

Gold's 1h RSI is right at trend line . It could bounce and go higher or begin the next movement down. Will watch and see.

Solid Gold: Bearish Crab 1218
GoldOutline: Bearish Deep Crab 1229

Kommentar:

Pay attention to each level. .236 fist. If it doesn't break it, I'll close the short and watch.

Trade geschlossen: Ziel wurde erreicht:

1204 reached.