DXY (Dollar Index) measures what will happen to Metals like Gold
Dollar has broken out of the Range with a Momentum on Friday during NFP.
What do you think do is heading in the moment?
Here is what the patterns says to me:
We are currently into a monthly Correction, Weekly Double Top Pattern align with the Daily time-frame. Long story short the 4hr tells me that we were into a Range, and we broke below
the range Impulsively between the two value Areas. It's possible for price to keep dropping
with Bearish momentum and probable for price to pull back into the Range again or develop
into a larger Continuation pattern and drop.
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What do you think do is heading in the moment?
Here is what the patterns says to me:
We are currently into a monthly Correction, Weekly Double Top Pattern align with the Daily time-frame. Long story short the 4hr tells me that we were into a Range, and we broke below
the range Impulsively between the two value Areas. It's possible for price to keep dropping
with Bearish momentum and probable for price to pull back into the Range again or develop
into a larger Continuation pattern and drop.