Technical Analysis on
XAUUSD
Gold is in the support zone at the moment, which might give a short-term bounce but I see good selling in long term.
Some Key Points:
-DXY is getting strengthen
-As per the seasonal November is one of the most bullish months of the year for DXY
-Gold has already broken its major Double top neckline
-Following significant trendline
Trade your levels accordingly.
Your feedback would be appreciated.
Best of Luck!
XAUUSD
Gold is in the support zone at the moment, which might give a short-term bounce but I see good selling in long term.
Some Key Points:
-DXY is getting strengthen
-As per the seasonal November is one of the most bullish months of the year for DXY
-Gold has already broken its major Double top neckline
-Following significant trendline
Trade your levels accordingly.
Your feedback would be appreciated.
Best of Luck!