XAUUSD long - Supply Demand - h4 (Update)

Hello Traders!

The analysis is still valid for XAUUSD. Price went again like expected, cheers guys.

What now?
Well I am still expecting the price to go a little bit more down before it will go up again. But we can still go straight through. Gold is very aggressive and we also had the additional confirmation from the DXY right now. I am expecting the index to drop a lot. Therefore Gold will gain more and more power.

So simply trade the whole up move. Enjoy
Check out the DXY.


That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.