Gold is in an upward trend since testing the 1990 region.
A bull flag is forming on the 15 minute chart and conversely a bearish flag is forming on DXY.
DXY is negatively correlated to Gold so more losses in DXY result in gains for gold.
Long positions with 1970 as a target.
A bull flag is forming on the 15 minute chart and conversely a bearish flag is forming on DXY.
DXY is negatively correlated to Gold so more losses in DXY result in gains for gold.
Long positions with 1970 as a target.