Ouro/Dólar Americano
Atualizado

$XAU - Gold - Where to next?!

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XAU - Gold - Where to next?!

We've got whole load of US Data and ECB as well, this could play either direction


Currently we are within this pattern in play, you could even think of it as H&S brewing. This morning its a DXY move, we've had majors decline and precious metals. This could decline further if the bears gain further control. However, if we go above the highs then bulls are back in control.

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Right head could be forming - 1/4 short position.

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