The week is looking Bearish 1. Double Top on the 4hr chart 2. The Stronger Dollar Level 2397 is key for the completion of the double top. If we break 2397 and consolidate under that level, we should head down to TP 2380
It will be an interesting week for XAUUSD. 1. **Key Level 2330**: This level is crucial as it could initiate a chain reaction. A break here would confirm a double bottom "W". 2. **Possible Breakout**: Gold has been in a downward channel since May 20th. A breakout above the blue line would complete the Reverse Head and Shoulders formation at TP level...