DXY D1 - Short Setup

12 בדצמ׳ 2022

DXY D1 - Dollar still sitting south of our indicated area of S/R, we caught some XAUUSD longs today, but eventually broke south and failed to set a new highs. Plenty of time left in the week to see our expectations unfold.

Regardless, even when you’re wrong, you can still make money with effective risk management and position management.

Still looking to buy gold, and still looking to see a comfortable break of 11800/OZ this week. Some big resistance zones on EURUSD and GBPUSD. But I think these will break after this weeks cluster of data points.