Gold Might Change Direction.

1월 18일

Gold was performing in an ascending channel on the 1 hour chart. But Todays session broke the ascending channel. Now this could be the turning point of the gold as there is a bullish divergence on the RSI as well. So now I will wait for more and see if a new higher high takes place then I will take my positions accordingly.
DXY
Meanwhile DXY is printed a new Lower Low and Lower High. If a lower low gets printed I will take my bullish entry accordingly. Thanks