Price High In Supply and FED's Dovish Tone
In Monthly Chart, Price has already printed the Strong Bearish Engulfing Candle on Jan 2019 after reacting to the 2017 May's Supply.Feds Dovish Tone and Impulsive move of Gold and Price of USD?CAD reacting to the Origin of supply just don't seem to be the co incidence.
As you can see ,Price in Daily , weekly and monthly timeframe ,are perfectly reacting to their respective Fresh untested Supply Zone which hints the strong conviction for bear Run.
As you can see ,Price in Daily , weekly and monthly timeframe ,are perfectly reacting to their respective Fresh untested Supply Zone which hints the strong conviction for bear Run.