A few people asked me for targets. We don't change the entry points, I just add the targets if an entry point is touched.
The USD strengthened against most major currencies, especially GBP (inflation dropped below 8% for the first time in over a year), AUD, and JPY. The DXY index has risen above 100, though there was a retracement from the peak during the session.
Gold has confirmed a breakout above the short-term falling trendline from May. Subsequently, prices have also moved above the 50-day Simple Moving Average, which failed to sustain a downside bias.
The USD strengthened against most major currencies, especially GBP (inflation dropped below 8% for the first time in over a year), AUD, and JPY. The DXY index has risen above 100, though there was a retracement from the peak during the session.
Gold has confirmed a breakout above the short-term falling trendline from May. Subsequently, prices have also moved above the 50-day Simple Moving Average, which failed to sustain a downside bias.