oscardre

oscardre

DXY still looks good for a buy in the long term. market structure looks bullish and read to take off!!!

oscardre

update on dxy. buy after the trend breakout or retest. nfp tomorrow will determine everything.

oscardre

After the interest rate news yesterday, it shows on the gold will keep going down with the possibility it might break to 1500 this week.

oscardre

bigger picture on gold. gold has been a sell and looks like we will see 1400 in the next couple months.

oscardre

us30 is currently creating a lower high on the daily and weekly timeframe ahead of the interest rate news today.

oscardre

The dollar index is strong trend line and demand zone. I will be expecting to see a good buy from this demand zone.

oscardre

after the dollar trend break I am expecting NAs100 to go to 12000 for now. and dry to go down to 110 demand zone

oscardre

DXY came back to entry point and now its on this strong demand. with the fall of DXY on Friday caused volatility in the market. I will still be looking for DXY buy at this current demand level.

oscardre

this is an update on dxy. DXY just broke out and looks like we will see the see the tp before the market closes!!!

oscardre

broke and retest the supply zone and now it looks to go back to the 82.00

oscardre

Dxy came back down to $112.400 to retest the support zone and it bounced up perfectly. expecting a close above the high of yesterday.

oscardre

Gold pullback as expected. target $1615 if it breaks $1615 low, I will update with new target.

oscardre

it is a sell but it is best to trade it as swing trade.

oscardre Updated 

XAUUSD bounced off a strong supply one which also is a trend line. the NFP result shows strong dollar which will lead to the fall of gold.

oscardre Updated 

retested the supply and now its time for it to come down.

oscardre

Indeces will sell until the end of the year and continue next year. the world is so rough right now I did not see any room for buying stocks anytime soon. sell on the pullback. you can sell right now or wait for the retest and breakout all depends how much you are willing to risk. Goodluck!

oscardre

since gold has broken 1642, we should see gold test the yearly low again at 1615, and also DXY is strong and that will make gold fall further.

oscardre

still a buy. it approaching a supply which I think it will break it. if out does break it and retest, expect a new high on DXY