$XAUUSD $DXY Perspective-1: Tech Analysis On Daily TF (28Jan24
XAUUSD
DXY
Hello Fam, Perspective-1: Tech Analysis
On Daily TF:
- 2018 is on the 50EMA support.
- 1961 is the 200EMA support. Expecting retracement for Bearish swing to the upside at this level.
- Price is at the 50 line for RSI indicates bearish trend and this acts as support too.
- Expecting price to fall below 2001USD and test the swing low created on 17Jan.
- If price breaks 1973 then Bearish swing (2088 to 1960levels) gets created for next quarter with possible retracements to up before going down.