DXY Indecision Key zones to watch
One could view this as double bottom, other as double top. For me the technical levels of immediate support and resistance are the key to direction. If it breaks support of 91.7 then DXY is to head lower.
If it starts climbing again till go back to 93 area to try and break resistance. This will inevitably dictate where gold will head.
Right now with DXY heading lower and close to support it could lead for gold to rally if it breaks. This would be the catalyst gold needs to break the key 1832 Zone.
If it starts climbing again till go back to 93 area to try and break resistance. This will inevitably dictate where gold will head.
Right now with DXY heading lower and close to support it could lead for gold to rally if it breaks. This would be the catalyst gold needs to break the key 1832 Zone.
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