USDOLLAR INDEX - resharing my analysis.
dear wolfy traders as you can see on this chart I explained everything easy to understand but for more information :
1. As the United States of America voting approaches, it appears that they are attempting to improve the power of the dollar to gain popularity.
2. In terms of my analysis, the price of XAU (gold) last month is the most crucial factor. People bought a significant amount of gold in various forms, leading to banks all over the world trying to create sell pressure.
"I had shared this analysis before, but it was deleted due to TradingView's house rules. However, I have fixed the problems and believe that this analysis is important for gold traders, which is why I am sharing it again."
1. As the United States of America voting approaches, it appears that they are attempting to improve the power of the dollar to gain popularity.
2. In terms of my analysis, the price of XAU (gold) last month is the most crucial factor. People bought a significant amount of gold in various forms, leading to banks all over the world trying to create sell pressure.
"I had shared this analysis before, but it was deleted due to TradingView's house rules. However, I have fixed the problems and believe that this analysis is important for gold traders, which is why I am sharing it again."
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everything is clear on chart but let the time decide for us : my own opinion is for upward movement.
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it was this if you need more details