Last week the Dollar was Bearish this week Bullish...?
DXY "You must be the change you wish to see in the world." -Mahatma Gandhi
Family I hope all is well!! Paying close attention to the US Dollar is very important when it comes to my trading especially since I trade GOLD...Hopefully this breakdown can help you as well. Lets get to it!!
1) Here on the Daily TF Price has officially entered the HTF Pivot / Daily Demand Zone....
2) Sellers are currently in Dominance of the DOLLAR. We have a Clean Descending eR/LQ Trendline that Sellers are heavily respecting and pushing for lower prices....
3) Now that Sellers have completed their mission last week in driving price back into discounted levels, I believe buyers will enter this week and Buy the price back up into potentially the last 4Hr Supply Zone ($103.125) before Sellers came back in strong and broke that small level of demand that buyers tried their best to create/ defend...
4) I'll keep close update as PA develops and we have more data to work with.
Remember when it comes to FRM (Financial Risk Management) our job is to manage the downside costs of printing High side returns of $$$ consistently. Let's Keep Steppn!!
Stay Focused & Reach Excellence!!
#BHM500K #NewERA #Champions
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Nota
Moving as Predicted....
-Real Members , Real Motion. #500K
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