XAUUSD: Weakness Probable, Part Two, UUP Strength
This is part two-the chart for-UUP.
I believe the-US Dollar will show strength, thus, this is a negative for-XAUUSD.
1. The three top indicators are reversing to the upside.
2. Buy fractal.
3. Alligator appears to be opening in an up-trend.
4. Chop zone (under chart) has turned green.
If you are long-XAUUSD-or-GDX, beware of-UUP strength.
May all of your trades go well. Don.
I believe the-US Dollar will show strength, thus, this is a negative for-XAUUSD.
1. The three top indicators are reversing to the upside.
2. Buy fractal.
3. Alligator appears to be opening in an up-trend.
4. Chop zone (under chart) has turned green.
If you are long-XAUUSD-or-GDX, beware of-UUP strength.
May all of your trades go well. Don.