What is good boys.
DXY looks really bearish here as it just confirmed a Model 2 Distribution,
As long as this structure remains intact, I expect continued weakness in the dollar, opening the door for further downside.
This also adds another layer of confluence to my XAUUSD bullish thesis.
Historically, a weaker DXY has often been supportive of higher Gold prices. While the relationship isn't perfect, the current technical structures on both charts are pointing in the same direction.
DXY: Confirmed Distribution.
XAUUSD: Confirmed Macro Accumulation.
When multiple correlated assets begin confirming complementary models, thats where you want to pay attention.
The strongest ideas are rarely found on one chart alone—they're confirmed across the market.
DXY looks really bearish here as it just confirmed a Model 2 Distribution,
As long as this structure remains intact, I expect continued weakness in the dollar, opening the door for further downside.
This also adds another layer of confluence to my XAUUSD bullish thesis.
Historically, a weaker DXY has often been supportive of higher Gold prices. While the relationship isn't perfect, the current technical structures on both charts are pointing in the same direction.
DXY: Confirmed Distribution.
XAUUSD: Confirmed Macro Accumulation.
When multiple correlated assets begin confirming complementary models, thats where you want to pay attention.
The strongest ideas are rarely found on one chart alone—they're confirmed across the market.
Through the lens of the Market Maker.
@kingsii on dc
@kingsii on dc
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Through the lens of the Market Maker.
@kingsii on dc
@kingsii on dc
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.