As some of us aware that gold price relates to USD strength.
As of today, usd index are climbing up.
Also, many traders might switch to bitcoin for long positions.
I can see xauusd price is accumulating right now.
My Gold trade plan:
I will hold from executing any trade and wait until the European session and get a clear picture. By that time, we may know where would be the USD index.
Do not chase the market.Follow the market.
As of today, usd index are climbing up.
Also, many traders might switch to bitcoin for long positions.
I can see xauusd price is accumulating right now.
My Gold trade plan:
I will hold from executing any trade and wait until the European session and get a clear picture. By that time, we may know where would be the USD index.
Do not chase the market.Follow the market.