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Gold Trade Up +400 Pips as Dollar Bulls Pile On
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are enjoying Gold shorts as the price has taken a deep dive this week after Dollar bulls have pushed the US Dollar Index (DXY) to new quarterly highs.
Price action analysis completed yesterday on Gold provided a possible…
Gold Longs Setting up as Dollar Resumes Drop
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) is set to resume its push lower as price spent much of the week in consolidation. As a result, the Forex majors and as well as commodities like Gold should push higher.
After creating a mini range between 91.150…