1709 GOLD UPDATE with the downtrend channel, targeting 1900 aga
Hello traders,
After FOMC and the speech from its head, GOLD AND DXY might have some changes on 4h and daily chart.
GOLD is very possible making a 3rd-wave of a higher level 3rd impulse leg alone with the downtrend channel to next support level.
It might break through 1900 again if gold made a new bearish signal on weekly chart.
Good luck!!!
LESS IS MORE!
After FOMC and the speech from its head, GOLD AND DXY might have some changes on 4h and daily chart.
GOLD is very possible making a 3rd-wave of a higher level 3rd impulse leg alone with the downtrend channel to next support level.
It might break through 1900 again if gold made a new bearish signal on weekly chart.
Good luck!!!
LESS IS MORE!
