š #DXY Dollar Index ā Daily HTF Analysis Update
If you recall yesterdayās analysis, we clearly mentioned that DXY was at a very crucial resistance, a make-or-break level for both Dollar Index and Gold. š
Now we can see that the Dollar Index has given a strong rejection from the fresh Daily Supply Zone + Trendline Resistance. š
š What Next?
If todayās Daily candle closes fully bearish, then there is a high probability that DXY may fall towards 98 ā 97.50.
š” And as we know, Gold and DXY move inversely:
š DXY Down ā š Gold Up
So according to the DXY structure, in the coming days we may see a strong bullish move in Gold. š