Direction Bullish
Possible Setup - Swing Buy + Intraday Sell
Reason - Continous Uptrend Pattern H4 + H4 DBR formation
For tonight's news, DXY index probably making an uptrend move as the price has bounced off from the weekly demand zone moving to the next resistance.
Possible setup for short sell for Gold on the news release.
Entry for Swing Buy at the Demand zone.
Possible Setup - Swing Buy + Intraday Sell
Reason - Continous Uptrend Pattern H4 + H4 DBR formation
For tonight's news, DXY index probably making an uptrend move as the price has bounced off from the weekly demand zone moving to the next resistance.
Possible setup for short sell for Gold on the news release.
Entry for Swing Buy at the Demand zone.