Potentially retest the broken trendline

DXY Potentially a falling wedge

Invalidation:
- This analysis fails if the price breakout and close above the upper channel line and August - September 2020 Demand zone

Catalyst:
- Price action
- GDP
- US Unemployment
- PCE
- PMI
- DXY falling wedge

Comentário:

Target 1, Done

Comentário:

Target 2, Done

Comentário:

The most vital support right now at the 1880 zone. Buyer will get in BIG time at that zones trying to push gold up to 1912 and 1950.

If the price can break out and close below the 1880 zone, then it confirmed it would fall to 1840-50 zones.

Comentário:

London and US session trades

Entry zone

CMP

we trade the same analysis and in the same levels

Comentário:

Target 1, 2 and 3, DONE !